14, ERISWELL CLOSE, LOWER EARLEY, READING, RG6 3AY - £318,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

14 ERISWELL CLOSE is a small extended detached house of 109m², built sometime between 1976 and 1982. It was last sold for £318,000 in October 2011, which was around 23% below the average October 2011 detached price in the Wokingham local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was C.

14 ERISWELL CLOSE Sold Prices

Land registry data shows two sales for 14 ERISWELL 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 14 ERISWELL 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
2011 12 OCT	£318,000	£411,726	23% below HPI
2011 13 JAN	£272,500	£416,004	34% below HPI

14 ERISWELL 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 14 ERISWELL CLOSE sales from January 2011 and October 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 January 2011 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the October 2011 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 14 ERISWELL CLOSE?

14 ERISWELL CLOSE is 109m², which includes one extension, according to the EPC inspection conducted in April 2011. This puts it in the smallest 40% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 14 ERISWELL CLOSE lies on this distribution: 38% of detached houses are smaller than 14 ERISWELL CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Reading.

14 ERISWELL CLOSE: Plot and Title Map

14 ERISWELL CLOSE sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 14 ERISWELL 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 14 ERISWELL 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 14 ERISWELL CLOSE?

14 ERISWELL CLOSE is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 14 on ERISWELL CLOSE.