12, PORTER CLOSE, LOWER EARLEY, READING, RG6 4JB - £412,500

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 PORTER CLOSE is a very small detached house of 91m², built sometime between 1983 and 1990, which could now be worth an estimated £491,847. It was last sold for £412,500 in January 2018, which was around 36% below the average January 2018 detached price in the Wokingham local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was C.

12 PORTER CLOSE Sold Prices

Land registry data shows two sales for 12 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 12 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
2018 12 JAN	£412,500	£645,512	36% below HPI
1999 28 MAY	£129,000	£200,992	36% below HPI

12 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 12 PORTER CLOSE sales from May 1999 and January 2018 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 May 1999 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the January 2018 sale, which was also at 36% below the HPI.

What might 12 PORTER CLOSE be worth now?

12 PORTER CLOSE might now be worth an estimated £491,847.

This is based on house price inflation of 19.2%, between January 2018 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 19.2% inflationary increase is applied to the most recent sale price for 12 PORTER CLOSE of £412,500 on 12th January 2018. For the value to have increased from £412,500 to £491,847 over the five years and one month to December 2024, the following assumptions must hold true:

• The value of 12 PORTER CLOSE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The January 2018 sale price of £412,500 represented a fair market value for the property.
• The size, condition, and specification of 12 PORTER CLOSE has not materially changed since January 2018.

How Large is 12 PORTER CLOSE?

12 PORTER CLOSE is 91m² according to the EPC inspection conducted in September 2017. 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 PORTER CLOSE lies on this distribution: 20% of detached houses houses are smaller than 12 PORTER CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Reading.

12 PORTER CLOSE: Plot and Title Map

12 PORTER CLOSE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 12 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 12 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 12 PORTER CLOSE?

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