7, DURHAM CLOSE, WOKINGHAM, RG41 3AB - £425,000

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.

7 DURHAM CLOSE is a very small extended semi-detached house of 98m², built sometime between 1976 and 1982, which could now be worth an estimated £512,509. It was last sold for £425,000 in September 2020, which was around 3% above the average September 2020 semi-detached price in the Wokingham local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

7 DURHAM CLOSE Sold Prices

Land registry data shows four sales for 7 DURHAM CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Wokingham local authority area for the corresponding sale date. Most of the four 7 DURHAM 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
2020 30 SEP	£425,000	£413,574	3% above HPI
2015 7 SEP	£385,000	£372,399	3% above HPI
2004 7 SEP	£229,950	£231,687	1% below HPI
1999 19 NOV	£147,500	£135,455	9% above HPI

7 DURHAM CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wokingham local authority area over time, sourced from the HPI. The four 7 DURHAM CLOSE sales between November 1999 and September 2020 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 September 2015 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the September 2020 sale, which was also at 3% above the HPI.

What might 7 DURHAM CLOSE be worth now?

7 DURHAM CLOSE might now be worth an estimated £512,509.

This is based on house price inflation of 20.6%, between September 2020 and May 2026, for semi-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 20.6% inflationary increase is applied to the most recent sale price for 7 DURHAM CLOSE of £425,000 on 30th September 2020. For the value to have increased from £425,000 to £512,509 over the six years and four months to May 2026, the following assumptions must hold true:

• The value of 7 DURHAM CLOSE has moved in line with the HPI for semi-detached houses in the Wokingham local authority area.
• The September 2020 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 7 DURHAM CLOSE has not materially changed since September 2020.

How Large is 7 DURHAM CLOSE?

7 DURHAM CLOSE is 98m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 20% of semi-detached houses houses in Wokingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wokingham, and where 7 DURHAM CLOSE lies on this distribution: 13% of semi-detached houses houses are smaller than 7 DURHAM CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

7 DURHAM CLOSE: Plot and Title Map

7 DURHAM CLOSE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 7 DURHAM 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 7 DURHAM 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 7 DURHAM CLOSE?

7 DURHAM CLOSE is located in WOKINGHAM, in the RG41 postcode district. The below map shows the position of No. 7 on DURHAM CLOSE.