1, CHESTNUT CLOSE, THEALE, READING, RG7 5DF - £275,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 CHESTNUT CLOSE is a very small detached house of 70m², built sometime between 1983 and 1990. It was last sold for £275,000 in June 2012, which was around 32% below the average June 2012 detached price in the West Berkshire local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

1 CHESTNUT CLOSE Sold Prices

Land registry data shows two sales for 1 CHESTNUT 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 West Berkshire local authority area for the corresponding sale date. Both of the two 1 CHESTNUT CLOSE sales were 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
2012 1 JUN	£275,000	£405,875	32% below HPI
2004 3 JUN	£225,000	£324,855	31% below HPI

1 CHESTNUT CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Berkshire local authority area over time, sourced from the HPI. The two 1 CHESTNUT CLOSE sales from June 2004 and June 2012 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 June 2004 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the June 2012 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 1 CHESTNUT CLOSE?

1 CHESTNUT CLOSE is 70m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 10% of detached houses in Theale, based on EPC data. The below chart shows the distribution of detached houses by size in Theale, and where 1 CHESTNUT CLOSE lies on this distribution: 5% of detached houses are smaller than 1 CHESTNUT CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Theale.

1 CHESTNUT CLOSE: Plot and Title Map

1 CHESTNUT CLOSE sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 1 CHESTNUT 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 1 CHESTNUT 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 1 CHESTNUT CLOSE?

1 CHESTNUT CLOSE is located in THEALE, in the RG7 postcode district. The below map shows the position of No. 1 on CHESTNUT CLOSE.