1, ELFORD CLOSE, LOWER EARLEY, READING, RG6 4EG - £213,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 ELFORD CLOSE is a very small detached house of 54m², built sometime between 1976 and 1982, which could now be worth an estimated £383,838. It was last sold for £213,000 in April 2012, which was around 50% below the average April 2012 detached price in the Wokingham 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 ELFORD CLOSE Sold Prices

Land registry data shows three sales for 1 ELFORD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the three 1 ELFORD 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 27 APR	£213,000	£427,112	50% below HPI
2001 30 MAR	£144,000	£270,489	47% below HPI
1999 4 JUN	£110,000	£202,959	46% below HPI

1 ELFORD 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 three 1 ELFORD CLOSE sales between June 1999 and April 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 March 2001 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the April 2012 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

What might 1 ELFORD CLOSE be worth now?

1 ELFORD CLOSE might now be worth an estimated £383,838.

This is based on house price inflation of 80.2%, between April 2012 and December 2024, for 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 80.2% inflationary increase is applied to the most recent sale price for 1 ELFORD CLOSE of £213,000 on 27th April 2012. For the value to have increased from £213,000 to £383,838 over the eleven years and four months to December 2024, the following assumptions must hold true:

• The value of 1 ELFORD CLOSE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The April 2012 sale price of £213,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ELFORD CLOSE has not materially changed since April 2012.

How Large is 1 ELFORD CLOSE?

1 ELFORD CLOSE is 54m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 10% of detached houses houses in Reading, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reading, and where 1 ELFORD CLOSE lies on this distribution: 1% of detached houses houses are smaller than 1 ELFORD CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Reading.

1 ELFORD CLOSE: Plot and Title Map

1 ELFORD CLOSE sits on a plot of roughly 0.107 of an acre, or 435m². The below map shows the location of 1 ELFORD 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 ELFORD 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 ELFORD CLOSE?

1 ELFORD CLOSE is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 1 on ELFORD CLOSE.