7, SUMMIT CLOSE, FINCHAMPSTEAD, WOKINGHAM, RG40 3LH - £694,000

7 SUMMIT CLOSE is a very large extended detached house of 199m², built sometime between 1950 and 1966. It was last sold for £694,000 in April 2020, which was around 10% above the average April 2020 detached price in the Wokingham local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

7 SUMMIT CLOSE Sold Prices

Land registry data shows two sales for 7 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 7 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
2020 3 APR	£694,000	£631,079	10% above HPI
2018 13 JUL	£485,000	£621,565	22% below HPI

7 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 7 SUMMIT CLOSE sales from July 2018 and April 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 July 2018 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the April 2020 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 7 SUMMIT CLOSE?

7 SUMMIT CLOSE is 199m², which includes three extensions, according to the EPC inspection conducted in February 2020. This puts it in the largest 20% of detached houses in Wokingham, based on EPC data. The below chart shows the distribution of detached houses by size in Wokingham, and where 7 SUMMIT CLOSE lies on this distribution: 86% of detached houses are smaller than 7 SUMMIT CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

7 SUMMIT CLOSE: Plot and Title Map

7 SUMMIT CLOSE sits on a plot of roughly 0.183 of an acre, or 739m². The below map shows the location of 7 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 7 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 7 SUMMIT CLOSE?

7 SUMMIT CLOSE is located in FINCHAMPSTEAD, in the RG40 postcode district. The below map shows the position of No. 7 on SUMMIT CLOSE.