1, ERISWELL CLOSE, LOWER EARLEY, READING, RG6 3AY - £239,000

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 ERISWELL CLOSE is a midsized detached house of 115m², built sometime between 1983 and 1990. It was last sold for £239,000 in March 2009, which was around 34% below the average March 2009 detached 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.

1 ERISWELL CLOSE Sold Prices

Land registry data shows two sales for 1 ERISWELL 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. Both of the two 1 ERISWELL 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
2009 31 MAR	£239,000	£361,523	34% below HPI
2006 7 APR	£240,000	£363,117	34% below HPI

1 ERISWELL 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 1 ERISWELL CLOSE sales from April 2006 and March 2009 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 April 2006 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the March 2009 sale, which was also at 34% below the HPI.

How Large is 1 ERISWELL CLOSE?

1 ERISWELL CLOSE is 115m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 50% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 1 ERISWELL CLOSE lies on this distribution: 45% of detached houses are smaller than 1 ERISWELL CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Reading.

1 ERISWELL CLOSE: Plot and Title Map

1 ERISWELL CLOSE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 1 ERISWELL 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 ERISWELL 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 ERISWELL CLOSE?

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