2, CROFT CLOSE, WOKINGHAM, RG41 4AN - £390,000

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.

2 CROFT CLOSE is a very small detached house of 91m², built sometime between 1967 and 1975, which could now be worth an estimated £462,598. It was last sold for £390,000 in August 2018, which was around 40% below the average August 2018 detached price in the Wokingham local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was C.

2 CROFT CLOSE Sold Prices

Land registry data shows three sales for 2 CROFT CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the three 2 CROFT 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
2018 10 AUG	£390,000	£646,192	40% below HPI
1999 9 JUL	£134,950	£206,253	35% below HPI
1995 2 JUN	£90,000	£134,140	33% below HPI

2 CROFT 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 three 2 CROFT CLOSE sales between June 1995 and August 2018 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 July 1999 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2018 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 2 CROFT CLOSE be worth now?

2 CROFT CLOSE might now be worth an estimated £462,598.

This is based on house price inflation of 18.6%, between August 2018 and May 2026, 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 18.6% inflationary increase is applied to the most recent sale price for 2 CROFT CLOSE of £390,000 on 10th August 2018. For the value to have increased from £390,000 to £462,598 over the eight years and three months to May 2026, the following assumptions must hold true:

• The value of 2 CROFT CLOSE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The August 2018 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CROFT CLOSE has not materially changed since August 2018.

How Large is 2 CROFT CLOSE?

2 CROFT CLOSE is 91m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 10% 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 2 CROFT CLOSE lies on this distribution: 8% of detached houses houses are smaller than 2 CROFT CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

2 CROFT CLOSE: Plot and Title Map

2 CROFT CLOSE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 2 CROFT 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 2 CROFT 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 2 CROFT CLOSE?

2 CROFT CLOSE is located in WOKINGHAM, in the RG41 postcode district. The below map shows the position of No. 2 on CROFT CLOSE.