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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 WEARDALE CLOSE is a very large detached house of 204m², built sometime between 1991 and 1995. It was last sold for £515,000 in December 2011, which was around 31% 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	£392,446	31% above HPI
2000 10 AUG	£360,000	£260,552	38% above HPI
1996 18 DEC	£247,500	£127,443	94% 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 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the December 2011 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

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 in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 1 WEARDALE CLOSE lies on this distribution: 93% of detached 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.