1, WEARDALE CLOSE, READING, RG2 7JD - £515,000

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 WEARDALE CLOSE is a very large detached house of 204m², built sometime between 1991 and 1995, which could now be worth an estimated £901,188. It was last sold for £515,000 in December 2011, which was around 29% above the average December 2011 detached price in the Reading local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

1 WEARDALE CLOSE Sold Prices

Land registry data shows three sales for 1 WEARDALE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Reading local authority area for the corresponding sale date. All of the three 1 WEARDALE CLOSE sales were for above 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 19 DEC	£515,000	£399,109	29% above HPI
2000 10 AUG	£360,000	£264,976	36% above HPI
1996 18 DEC	£247,500	£129,607	91% above HPI

1 WEARDALE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Reading local authority area over time, sourced from the HPI. The three 1 WEARDALE CLOSE sales between December 1996 and December 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 August 2000 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the December 2011 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 1 WEARDALE CLOSE be worth now?

1 WEARDALE CLOSE might now be worth an estimated £901,188.

This is based on house price inflation of 75%, between December 2011 and December 2024, for detached houses, in the Reading local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 75% inflationary increase is applied to the most recent sale price for 1 WEARDALE CLOSE of £515,000 on 19th December 2011. For the value to have increased from £515,000 to £901,188 over the thirteen years to December 2024, the following assumptions must hold true:

• The value of 1 WEARDALE CLOSE has moved in line with the HPI for detached houses in the Reading local authority area.
• The December 2011 sale price of £515,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WEARDALE CLOSE has not materially changed since December 2011.

How Large is 1 WEARDALE CLOSE?

1 WEARDALE CLOSE is 204m² according to the EPC inspection conducted in July 2011. This puts it in the largest 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 WEARDALE CLOSE lies on this distribution: 93% of detached houses houses are smaller than 1 WEARDALE CLOSE, and 7% of houses are larger. Note that EPC data is not available for all properties in Reading.

1 WEARDALE CLOSE: Plot and Title Map

1 WEARDALE CLOSE sits on a plot of roughly 0.181 of an acre, or 732m². The below map shows the location of 1 WEARDALE 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 WEARDALE 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 WEARDALE CLOSE?

1 WEARDALE CLOSE is located in READING, in the RG2 postcode district. The below map shows the position of No. 1 on WEARDALE CLOSE.