3, PETREL CLOSE, WOKINGHAM, RG41 3TF - £304,000

3 PETREL CLOSE is a small extended detached house of 111m², built sometime between 1983 and 1990. It was last sold for £304,000 in August 2004, which was around 13% below the average August 2004 detached price in the Wokingham local authority area. The most recent EPC inspection was November 2016, where the current energy rating was C, and the potential energy rating was B.

3 PETREL CLOSE Sold Prices

Land registry data shows three sales for 3 PETREL 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 3 PETREL 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 27 AUG	£304,000	£347,782	13% below HPI
2003 20 FEB	£274,000	£332,943	18% below HPI
1999 22 JAN	£154,500	£192,503	20% below HPI

3 PETREL 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 3 PETREL CLOSE sales between January 1999 and August 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 February 2003 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2004 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 3 PETREL CLOSE?

3 PETREL CLOSE is 111m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the smallest 30% of detached houses in Wokingham, based on EPC data. The below chart shows the distribution of detached houses by size in Wokingham, and where 3 PETREL CLOSE lies on this distribution: 26% of detached houses are smaller than 3 PETREL CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

3 PETREL CLOSE: Plot and Title Map

3 PETREL CLOSE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 3 PETREL 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 3 PETREL 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 3 PETREL CLOSE?

3 PETREL CLOSE is located in WOKINGHAM, in the RG41 postcode district. The below map shows the position of No. 3 on PETREL CLOSE.