1, GIBBS CLOSE, FINCHAMPSTEAD, WOKINGHAM, RG40 4TY - £300,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 GIBBS CLOSE is a midsized extended detached house of 133m², built sometime between 1976 and 1982, which could now be worth an estimated £631,261. It was last sold for £300,000 in December 2004, which was around 17% below the average December 2004 detached price in the Wokingham local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

1 GIBBS CLOSE Sold Prices

Land registry data shows two sales for 1 GIBBS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. Both of the two 1 GIBBS CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2004 17 DEC	£300,000	£361,132	17% below HPI
2000 25 AUG	£219,950	£272,077	19% below HPI

1 GIBBS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wokingham local authority area over time, sourced from the HPI. The two 1 GIBBS CLOSE sales from August 2000 and December 2004 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2000 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 2004 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 1 GIBBS CLOSE be worth now?

1 GIBBS CLOSE might now be worth an estimated £631,261.

This is based on house price inflation of 110.4%, between December 2004 and March 2025, for detached houses, in the Wokingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 110.4% inflationary increase is applied to the most recent sale price for 1 GIBBS CLOSE of £300,000 on 17th December 2004. For the value to have increased from £300,000 to £631,261 over the 21 years and nine months to March 2025, the following assumptions must hold true:

• The value of 1 GIBBS CLOSE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The December 2004 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GIBBS CLOSE has not materially changed since December 2004.

How Large is 1 GIBBS CLOSE?

1 GIBBS CLOSE is 133m², which includes two extensions, according to the EPC inspection conducted in February 2014. This puts it in the smallest 50% of detached houses houses in Wokingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wokingham, and where 1 GIBBS CLOSE lies on this distribution: 49% of detached houses houses are smaller than 1 GIBBS CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

1 GIBBS CLOSE: Plot and Title Map

1 GIBBS CLOSE sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 1 GIBBS CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 GIBBS CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 GIBBS CLOSE?

1 GIBBS CLOSE is located in FINCHAMPSTEAD, in the RG40 postcode district. The below map shows the position of No. 1 on GIBBS CLOSE.