5, SUMMIT CLOSE, FINCHAMPSTEAD, WOKINGHAM, RG40 3LH - £499,950

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.

5 SUMMIT CLOSE is a midsized extended detached house of 137m², built sometime between 1950 and 1966, which could now be worth an estimated £878,550. It was last sold for £499,950 in October 2010, which was around 16% above the average October 2010 detached price in the Wokingham local authority area. The most recent EPC inspection was August 2010, where the current energy rating was C, and the potential energy rating was C.

5 SUMMIT CLOSE Sold Prices

Land registry data shows two sales for 5 SUMMIT 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. One of the two 5 SUMMIT CLOSE sales was for above the average price, whilst the other was 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
2010 20 OCT	£499,950	£432,428	16% above HPI
2007 20 APR	£312,500	£414,428	25% below HPI

5 SUMMIT 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 5 SUMMIT CLOSE sales from April 2007 and October 2010 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 April 2007 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2010 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 5 SUMMIT CLOSE be worth now?

5 SUMMIT CLOSE might now be worth an estimated £878,550.

This is based on house price inflation of 75.7%, between October 2010 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 75.7% inflationary increase is applied to the most recent sale price for 5 SUMMIT CLOSE of £499,950 on 20th October 2010. For the value to have increased from £499,950 to £878,550 over the fifteen years and seven months to March 2025, the following assumptions must hold true:

• The value of 5 SUMMIT CLOSE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The October 2010 sale price of £499,950 represented a fair market value for the property.
• The size, condition, and specification of 5 SUMMIT CLOSE has not materially changed since October 2010.

How Large is 5 SUMMIT CLOSE?

5 SUMMIT CLOSE is 137m², which includes one extension, according to the EPC inspection conducted in August 2010. This puts it in the largest 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 5 SUMMIT CLOSE lies on this distribution: 54% of detached houses houses are smaller than 5 SUMMIT CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

5 SUMMIT CLOSE: Plot and Title Map

5 SUMMIT CLOSE sits on a plot of roughly 0.207 of an acre, or 837m². The below map shows the location of 5 SUMMIT 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 5 SUMMIT 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 5 SUMMIT CLOSE?

5 SUMMIT CLOSE is located in FINCHAMPSTEAD, in the RG40 postcode district. The below map shows the position of No. 5 on SUMMIT CLOSE.