3, SPARROW CLOSE, WOKINGHAM, RG41 3HT - £330,000

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.

3 SPARROW CLOSE is a very small terraced house of 52m², built sometime between 1991 and 1995, which could now be worth an estimated £364,098. It was last sold for £330,000 in January 2022, which was around 2% below the average January 2022 terraced price in the Wokingham local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

3 SPARROW CLOSE Sold Prices

Land registry data shows five sales for 3 SPARROW CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Wokingham local authority area for the corresponding sale date. Most of the five 3 SPARROW CLOSE sales were for above 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
2022 28 JAN	£330,000	£337,036	2% below HPI
2017 9 FEB	£325,000	£304,905	7% above HPI
2015 27 APR	£287,500	£262,218	10% above HPI
2007 15 JUN	£219,000	£214,433	2% above HPI
2004 19 MAY	£164,000	£167,011	2% below HPI

3 SPARROW CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Wokingham local authority area over time, sourced from the HPI. The five 3 SPARROW CLOSE sales between May 2004 and January 2022 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 2017 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the January 2022 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 3 SPARROW CLOSE be worth now?

3 SPARROW CLOSE might now be worth an estimated £364,098.

This is based on house price inflation of 10.3%, between January 2022 and May 2026, for terraced 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 10.3% inflationary increase is applied to the most recent sale price for 3 SPARROW CLOSE of £330,000 on 28th January 2022. For the value to have increased from £330,000 to £364,098 over the three years and eight months to May 2026, the following assumptions must hold true:

• The value of 3 SPARROW CLOSE has moved in line with the HPI for terraced houses in the Wokingham local authority area.
• The January 2022 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SPARROW CLOSE has not materially changed since January 2022.

How Large is 3 SPARROW CLOSE?

3 SPARROW CLOSE is 52m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 10% of terraced houses houses in Wokingham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Wokingham, and where 3 SPARROW CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 3 SPARROW CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

3 SPARROW CLOSE: Plot and Title Map

3 SPARROW CLOSE sits on a plot of roughly 0.037 of an acre, or 149m². The below map shows the location of 3 SPARROW 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 SPARROW 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 SPARROW CLOSE?

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