7, MINDEN CLOSE, WOKINGHAM, RG41 3UG - £350,000

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 MINDEN CLOSE is a very small terraced house of 69m², built sometime between 1983 and 1990, which could now be worth an estimated £426,916. It was last sold for £350,000 in November 2019, which was around 15% above the average November 2019 terraced price in the Wokingham local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

7 MINDEN CLOSE Sold Prices

Land registry data shows three sales for 7 MINDEN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Wokingham local authority area for the corresponding sale date. All of the three 7 MINDEN 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
2019 29 NOV	£350,000	£304,864	15% above HPI
2011 18 OCT	£230,000	£201,758	14% above HPI
2005 25 FEB	£195,000	£177,882	10% above HPI

7 MINDEN 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 three 7 MINDEN CLOSE sales between February 2005 and November 2019 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 October 2011 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the November 2019 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 7 MINDEN CLOSE be worth now?

7 MINDEN CLOSE might now be worth an estimated £426,916.

This is based on house price inflation of 22%, between November 2019 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 22% inflationary increase is applied to the most recent sale price for 7 MINDEN CLOSE of £350,000 on 29th November 2019. For the value to have increased from £350,000 to £426,916 over the seven years and six months to May 2026, the following assumptions must hold true:

• The value of 7 MINDEN CLOSE has moved in line with the HPI for terraced houses in the Wokingham local authority area.
• The November 2019 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MINDEN CLOSE has not materially changed since November 2019.

How Large is 7 MINDEN CLOSE?

7 MINDEN CLOSE is 69m² according to the EPC inspection conducted in November 2015. 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 7 MINDEN CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 7 MINDEN CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

7 MINDEN CLOSE: Plot and Title Map

7 MINDEN CLOSE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 7 MINDEN 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 MINDEN 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 MINDEN CLOSE?

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