1, MANEA CLOSE, LOWER EARLEY, READING, RG6 4JN - £290,000

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 MANEA CLOSE is a very small detached house of 50m², built sometime between 1983 and 1990, which could now be worth an estimated £346,620. It was last sold for £290,000 in January 2017, which was around 55% below the average January 2017 detached price in the Wokingham local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

1 MANEA CLOSE Sold Prices

Land registry data shows five sales for 1 MANEA CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the five 1 MANEA 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
2017 26 JAN	£290,000	£643,954	55% below HPI
2010 17 DEC	£200,000	£433,803	54% below HPI
2007 27 JUL	£214,500	£430,772	50% below HPI
2002 29 NOV	£159,950	£336,324	52% below HPI
1998 2 NOV	£89,950	£197,078	54% below HPI

1 MANEA 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 five 1 MANEA CLOSE sales between November 1998 and January 2017 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 December 2010 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the January 2017 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

What might 1 MANEA CLOSE be worth now?

1 MANEA CLOSE might now be worth an estimated £346,620.

This is based on house price inflation of 19.5%, between January 2017 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 19.5% inflationary increase is applied to the most recent sale price for 1 MANEA CLOSE of £290,000 on 26th January 2017. For the value to have increased from £290,000 to £346,620 over the six years and one month to December 2024, the following assumptions must hold true:

• The value of 1 MANEA CLOSE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The January 2017 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MANEA CLOSE has not materially changed since January 2017.

How Large is 1 MANEA CLOSE?

1 MANEA CLOSE is 50m² according to the EPC inspection conducted in March 2021. 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 MANEA CLOSE lies on this distribution: 1% of detached houses houses are smaller than 1 MANEA CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Reading.

1 MANEA CLOSE: Plot and Title Map

1 MANEA CLOSE sits on a plot of roughly 0.041 of an acre, or 165m². The below map shows the location of 1 MANEA 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 MANEA 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 MANEA CLOSE?

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