1, FARNSFIELD CLOSE, LOWER EARLEY, READING, RG6 4DR - £379,950

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 FARNSFIELD CLOSE is a midsized detached house of 117m², built sometime between 1983 and 1990. It was last sold for £379,950 in February 2014, which was around 18% below the average February 2014 detached price in the Wokingham local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

1 FARNSFIELD CLOSE Sold Prices

Land registry data shows two sales for 1 FARNSFIELD 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 FARNSFIELD 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
2014 18 FEB	£379,950	£461,850	18% below HPI
2002 12 JUL	£249,950	£307,812	19% below HPI

1 FARNSFIELD 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 FARNSFIELD CLOSE sales from July 2002 and February 2014 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 2002 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the February 2014 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 1 FARNSFIELD CLOSE?

1 FARNSFIELD CLOSE is 117m² according to the EPC inspection conducted in August 2013. 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 FARNSFIELD CLOSE lies on this distribution: 47% of detached houses are smaller than 1 FARNSFIELD CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Reading.

1 FARNSFIELD CLOSE: Plot and Title Map

1 FARNSFIELD CLOSE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 1 FARNSFIELD 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 FARNSFIELD 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 FARNSFIELD CLOSE?

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