12, NUTMEG CLOSE, EARLEY, READING, RG6 5GX - £455,000

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

12 NUTMEG CLOSE is a very small detached house of 79m², built sometime between 1983 and 1990, which could now be worth an estimated £451,902. It was last sold for £455,000 in October 2024, which was around 41% below the average October 2024 detached price in the Wokingham local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

12 NUTMEG CLOSE Sold Prices

Land registry data shows three sales for 12 NUTMEG 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 Wokingham local authority area for the corresponding sale date. All of the three 12 NUTMEG 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
2024 21 OCT	£455,000	£774,957	41% below HPI
2015 22 OCT	£359,950	£598,925	40% below HPI
1999 28 MAY	£115,000	£200,992	43% below HPI

12 NUTMEG 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 three 12 NUTMEG CLOSE sales between May 1999 and October 2024 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 October 2015 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the October 2024 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 12 NUTMEG CLOSE be worth now?

12 NUTMEG CLOSE might now be worth an estimated £451,902.

This is based on house price deflation of 0.7%, between October 2024 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 0.7% deflationary decrease is applied to the most recent sale price for 12 NUTMEG CLOSE of £455,000 on 21st October 2024. For the value to have decreased from £455,000 to £451,902 over the ten months to December 2024, the following assumptions must hold true:

• The value of 12 NUTMEG CLOSE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The October 2024 sale price of £455,000 represented a fair market value for the property.
• The size, condition, and specification of 12 NUTMEG CLOSE has not materially changed since October 2024.

How Large is 12 NUTMEG CLOSE?

12 NUTMEG CLOSE is 79m² according to the EPC inspection conducted in February 2024. This puts it in the smallest 20% 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 12 NUTMEG CLOSE lies on this distribution: 10% of detached houses houses are smaller than 12 NUTMEG CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Reading.

12 NUTMEG CLOSE: Plot and Title Map

12 NUTMEG CLOSE sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 12 NUTMEG 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 12 NUTMEG 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 12 NUTMEG CLOSE?

12 NUTMEG CLOSE is located in EARLEY, in the RG6 postcode district. The below map shows the position of No. 12 on NUTMEG CLOSE.