1, PICKWELL CLOSE, LOWER EARLEY, READING, RG6 4EX - £335,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 PICKWELL CLOSE is a very small semi-detached house of 54m², built sometime between 1976 and 1982, which could now be worth an estimated £355,482. It was last sold for £335,000 in November 2022, which was around 29% below the average November 2022 semi-detached price in the Wokingham local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

1 PICKWELL CLOSE Sold Prices

Land registry data shows four sales for 1 PICKWELL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Wokingham local authority area for the corresponding sale date. All of the four 1 PICKWELL 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
2022 25 NOV	£335,000	£472,120	29% below HPI
2017 15 DEC	£280,000	£404,929	31% below HPI
2015 20 MAR	£200,000	£339,908	41% below HPI
2006 28 JUL	£150,250	£244,941	39% below HPI

1 PICKWELL CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wokingham local authority area over time, sourced from the HPI. The four 1 PICKWELL CLOSE sales between July 2006 and November 2022 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 2017 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the November 2022 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 1 PICKWELL CLOSE be worth now?

1 PICKWELL CLOSE might now be worth an estimated £355,482.

This is based on house price inflation of 6.1%, between November 2022 and February 2025, for semi-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 6.1% inflationary increase is applied to the most recent sale price for 1 PICKWELL CLOSE of £335,000 on 25th November 2022. For the value to have increased from £335,000 to £355,482 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 PICKWELL CLOSE has moved in line with the HPI for semi-detached houses in the Wokingham local authority area.
• The November 2022 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PICKWELL CLOSE has not materially changed since November 2022.

How Large is 1 PICKWELL CLOSE?

1 PICKWELL CLOSE is 54m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 10% of semi-detached houses houses in Reading, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Reading, and where 1 PICKWELL CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 1 PICKWELL CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Reading.

1 PICKWELL CLOSE: Plot and Title Map

1 PICKWELL CLOSE sits on a plot of roughly 0.037 of an acre, or 149m². The below map shows the location of 1 PICKWELL 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 PICKWELL 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 PICKWELL CLOSE?

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