# 1 bedroom end of terrace house for sale (RG40 2LW)

## Property Details

| Key | Value |
|-----|-------|
| Address | 24 DAVY CLOSE, WOKINGHAM, WOKINGHAM RG40 2LW |
| Price | £257,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Construction age | England and Wales: 1991-1995 |
| Floor area | 44 m² |
| Last sold | £250,000 Feb 2020 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** B
- **Expiry date:** 09/12/2029

### Recommendations
- W2 (6,000)
- E (15)
- N (6,000)
- U (5,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/9769-2890-6822-9891-7805)

## Description

Situated in the heart of Wokingham town centre is this one bedroom starter home which has recently been redecorated throughout.  The property would make an ideal first time or investment purchase and is conveniently located for access to the mainline railway station and the newly regenerated town centre.

## Property Photos

- ![Front](/listings/photos/72928045/483635) - Front
- ![Lounge](/listings/photos/72928045/483636) - Lounge
- ![Kitchen](/listings/photos/72928045/483639) - Kitchen
- ![Bedroom](/listings/photos/72928045/483644) - Bedroom
- ![Bathroom](/listings/photos/72928045/483647) - Bathroom
- ![Garden](/listings/photos/72928045/483653) - Garden

## Floorplans

- ![Floorplan](/listings/photos/72928045/483656) - Floorplan

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/72928045/483658) - EPC Rating Graph

## FENSA Certificates

This property has 2 FENSA certificate(s) on record.

### FENSA Certificate #10847608
- **Address:** 24 Davy Close, WOKINGHAM, RG40 2LW
- **Certificate Issued:** 02/03/2015
- **Work Completed:** 02/02/2015
- **Items:** 2 door(s)

### FENSA Certificate #10781023
- **Address:** 24 Davy Close, WOKINGHAM, RG40 2LW
- **Certificate Issued:** 03/02/2015
- **Work Completed:** 08/01/2015
- **Items:** 4 window(s)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 24 DAVY CLOSE, WOKINGHAM, RG40 2LW | £250,000 | 28/02/2020 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 5 GIPSY LANE, WOKINGHAM, RG40 2BN | £381,840 | 13/11/2025 | Terraced |
| [Same street] 31 DAVY CLOSE, WOKINGHAM, RG40 2LW | £302,000 | 17/04/2025 | Terraced |
| [Same street] 16 DAVY CLOSE, WOKINGHAM, RG40 2LW | £430,000 | 07/03/2025 | Semi-detached |
| 59 LANGBOROUGH ROAD, WOKINGHAM, RG40 2BU | £285,000 | 18/12/2024 | Terraced |
| [Same street] 8 DAVY CLOSE, WOKINGHAM, RG40 2LW | £355,000 | 10/12/2024 | Terraced |
| [Same street] 32 DAVY CLOSE, WOKINGHAM, RG40 2LW | £285,000 | 08/12/2023 | Terraced |
| 7 GIPSY LANE, WOKINGHAM, RG40 2BN | £452,500 | 30/10/2023 | Terraced |
| [Same street] 10 DAVY CLOSE, WOKINGHAM, RG40 2LW | £385,000 | 20/04/2023 | Semi-detached |
| [Same street] 17 DAVY CLOSE, WOKINGHAM, RG40 2LW | £410,000 | 03/04/2023 | Semi-detached |
| [Same street] 14 DAVY CLOSE, WOKINGHAM, RG40 2LW | £440,000 | 29/03/2023 | Semi-detached |
| 63 LANGBOROUGH ROAD, WOKINGHAM, RG40 2BU | £405,000 | 16/12/2022 | Terraced |
| 11 FAIRVIEW ROAD, WOKINGHAM, RG40 2DN | £335,000 | 24/10/2022 | Terraced |
| [Same street] 30 DAVY CLOSE, WOKINGHAM, RG40 2LW | £262,000 | 16/08/2022 | Terraced |
| 67 OAKEY DRIVE, WOKINGHAM, RG40 2DT | £472,500 | 15/07/2022 | Terraced |
| 27 LANGBOROUGH ROAD, WOKINGHAM, RG40 2BU | £375,000 | 15/07/2022 | Terraced |
| 58 DENMARK STREET, WOKINGHAM, RG40 2BQ | £405,000 | 24/06/2022 | Terraced |
| 66 OAKEY DRIVE, WOKINGHAM, RG40 2DT | £405,000 | 06/06/2022 | Terraced |
| [Same street] 11 DAVY CLOSE, WOKINGHAM, RG40 2LW | £385,000 | 01/04/2022 | Terraced |
| 25 OAKEY DRIVE, WOKINGHAM, RG40 2DT | £400,000 | 04/02/2022 | Terraced |
| 35 NORTON ROAD, WOKINGHAM, RG40 2BD | £360,000 | 07/07/2021 | Terraced |
| 119 GIPSY LANE, WOKINGHAM, RG40 2BW | £355,000 | 24/06/2021 | Terraced |
| 5 GIPSY LANE, WOKINGHAM, RG40 2BN | £350,000 | 23/06/2021 | Terraced |

**Street average:** £361,556 (9 sales)
**Area average:** £383,218 (13 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £433,167 (29 Terraced, RG40, 2024–2026)
- **Deviation:** -40.7%

## Rental Range

*ONS Price Index of Private Rents (Wokingham). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,333/mo
- **Realistic:** £1,481/mo
- **Optimistic:** £1,629/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Northampton (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £643/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 1 Bed Flat, Peach Street, RG40 | £1,250/mo | 1 | 0.37 miles | OpenRent |
| 1 Bed Flat, Waterloo Crescent, RG40 | £1,450/mo | 1 | 0.82 miles | OpenRent |
| 1 Bed Flat, Woosehill Court, RG41 | £1,250/mo | 1 | 1 miles | OpenRent |

**Average rent: £1,317/mo (3 listings)**

## 1% Rule

- **Rent ratio:** 0.49% (weak for cashflow)
- **Max investor price (0.8%):** £156,250
- **Target investor price (1%):** £125,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,250/mo).*

- **Gross yield:** 5.8%
- **Cost-to-rent:** 17.1×
- **Monthly cashflow:** £88/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 1.4%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £5,841/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 18%
- **10y growth:** 17.6%

## House Price Index (HM Land Registry)

*Official index for Wokingham; Terraced series; as of March 2026.*

- **1y growth (index):** -1.3%
- **5y growth (index):** 16.6%
- **10y growth (index):** 23.4%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)