1, STONEA CLOSE, LOWER EARLEY, READING, RG6 4JP - £557,000

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 STONEA CLOSE is a midsized detached house of 126m², built sometime between 1983 and 1990, which could now be worth an estimated £577,069. It was last sold for £557,000 in December 2022, which was around 26% below the average December 2022 detached price in the Wokingham local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was C.

1 STONEA CLOSE Sold Prices

Land registry data shows four sales for 1 STONEA CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the four 1 STONEA 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 2 DEC	£557,000	£749,742	26% below HPI
2017 7 AUG	£401,000	£639,999	37% below HPI
2002 14 JUN	£198,000	£308,808	36% below HPI
1998 27 MAR	£124,950	£181,104	31% below HPI

1 STONEA 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 four 1 STONEA CLOSE sales between March 1998 and December 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 August 2017 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the December 2022 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 1 STONEA CLOSE be worth now?

1 STONEA CLOSE might now be worth an estimated £577,069.

This is based on house price inflation of 3.6%, between December 2022 and February 2025, 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 3.6% inflationary increase is applied to the most recent sale price for 1 STONEA CLOSE of £557,000 on 2nd December 2022. For the value to have increased from £557,000 to £577,069 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 STONEA CLOSE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The December 2022 sale price of £557,000 represented a fair market value for the property.
• The size, condition, and specification of 1 STONEA CLOSE has not materially changed since December 2022.

How Large is 1 STONEA CLOSE?

1 STONEA CLOSE is 126m² according to the EPC inspection conducted in May 2017. 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 STONEA CLOSE lies on this distribution: 56% of detached houses houses are smaller than 1 STONEA CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Reading.

1 STONEA CLOSE: Plot and Title Map

1 STONEA CLOSE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 1 STONEA 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 STONEA 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 STONEA CLOSE?

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