1, PORTER CLOSE, LOWER EARLEY, READING, RG6 4JB - £340,000

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 PORTER CLOSE is a midsized extended detached house of 120m², built sometime between 1983 and 1990, which could now be worth an estimated £606,772. It was last sold for £340,000 in August 2011, which was around 21% below the average August 2011 detached price in the Wokingham local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was D.

1 PORTER CLOSE Sold Prices

Land registry data shows two sales for 1 PORTER 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 PORTER 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
2011 8 AUG	£340,000	£431,284	21% below HPI
2005 2 SEP	£310,000	£378,195	18% below HPI

1 PORTER 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 PORTER CLOSE sales from September 2005 and August 2011 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 September 2005 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2011 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 1 PORTER CLOSE be worth now?

1 PORTER CLOSE might now be worth an estimated £606,772.

This is based on house price inflation of 78.5%, between August 2011 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 78.5% inflationary increase is applied to the most recent sale price for 1 PORTER CLOSE of £340,000 on 8th August 2011. For the value to have increased from £340,000 to £606,772 over the twelve years and eight months to December 2024, the following assumptions must hold true:

• The value of 1 PORTER CLOSE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The August 2011 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PORTER CLOSE has not materially changed since August 2011.

How Large is 1 PORTER CLOSE?

1 PORTER CLOSE is 120m², which includes two extensions, according to the EPC inspection conducted in March 2011. This puts it in the largest 50% 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 PORTER CLOSE lies on this distribution: 51% of detached houses houses are smaller than 1 PORTER CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Reading.

1 PORTER CLOSE: Plot and Title Map

1 PORTER CLOSE sits on a plot of roughly 0.126 of an acre, or 510m². The below map shows the location of 1 PORTER 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 PORTER 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 PORTER CLOSE?

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