14, MELKSHAM CLOSE, LOWER EARLEY, READING, RG6 4AU - £750,000

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 MELKSHAM CLOSE is a midsized detached house of 127m², built sometime between 1991 and 1995. It was last sold for £750,000 in July 2023, which was around 5% above the average July 2023 detached price in the Wokingham local authority area. The most recent EPC inspection was September 2009, where the current energy rating was E, and the potential energy rating was D.

14 MELKSHAM CLOSE Sold Prices

Land registry data shows two sales for 14 MELKSHAM 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 MELKSHAM 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
2023 21 JUL	£750,000	£712,467	5% above HPI
2007 9 AUG	£465,000	£421,275	10% above HPI

14 MELKSHAM 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 MELKSHAM CLOSE sales from August 2007 and July 2023 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 2007 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the July 2023 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 14 MELKSHAM CLOSE?

14 MELKSHAM CLOSE is 127m² according to the EPC inspection conducted in September 2009. This puts it in the largest 50% 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 MELKSHAM CLOSE lies on this distribution: 57% of detached houses are smaller than 14 MELKSHAM CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Reading.

14 MELKSHAM CLOSE: Plot and Title Map

14 MELKSHAM CLOSE sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of 14 MELKSHAM 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 MELKSHAM 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 MELKSHAM CLOSE?

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