2, SOMERSET CLOSE, WOKINGHAM, RG41 3AJ - £447,500

2 SOMERSET CLOSE is a small extended detached house of 123m², built sometime between 1976 and 1982. It was last sold for £447,500 in July 2014, which was around 9% below the average July 2014 detached price in the Wokingham local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

2 SOMERSET CLOSE Sold Prices

Land registry data shows four sales for 2 SOMERSET CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the four 2 SOMERSET 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
2014 28 JUL	£447,500	£491,485	9% below HPI
2010 2 JUL	£365,000	£411,215	11% below HPI
2005 21 APR	£305,000	£347,040	12% below HPI
1996 26 JUN	£115,000	£133,582	14% below HPI

2 SOMERSET 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 four 2 SOMERSET CLOSE sales between June 1996 and July 2014 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 2010 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2014 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 2 SOMERSET CLOSE?

2 SOMERSET CLOSE is 123m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 40% of detached houses in Wokingham, based on EPC data. The below chart shows the distribution of detached houses by size in Wokingham, and where 2 SOMERSET CLOSE lies on this distribution: 39% of detached houses are smaller than 2 SOMERSET CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

2 SOMERSET CLOSE: Plot and Title Map

2 SOMERSET CLOSE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 2 SOMERSET 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 SOMERSET 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 SOMERSET CLOSE?

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