14, PAVENHAM CLOSE, LOWER EARLEY, READING, RG6 4DX - £675,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

14 PAVENHAM CLOSE is a midsized detached house of 124m², built sometime between 1983 and 1990, which could now be worth an estimated £702,905. It was last sold for £675,000 in September 2022, which was around 10% below the average September 2022 detached price in the Wokingham local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

14 PAVENHAM CLOSE Sold Prices

Land registry data shows four sales for 14 PAVENHAM CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the four 14 PAVENHAM 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
2022 16 SEP	£675,000	£745,919	10% below HPI
2015 27 MAR	£455,000	£536,839	15% below HPI
2006 25 AUG	£310,000	£387,304	20% below HPI
1996 19 DEC	£114,000	£144,830	21% below HPI

14 PAVENHAM 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 four 14 PAVENHAM CLOSE sales between December 1996 and September 2022 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 March 2015 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2022 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 14 PAVENHAM CLOSE be worth now?

14 PAVENHAM CLOSE might now be worth an estimated £702,905.

This is based on house price inflation of 4.1%, between September 2022 and February 2025, 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 4.1% inflationary increase is applied to the most recent sale price for 14 PAVENHAM CLOSE of £675,000 on 16th September 2022. For the value to have increased from £675,000 to £702,905 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 14 PAVENHAM CLOSE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The September 2022 sale price of £675,000 represented a fair market value for the property.
• The size, condition, and specification of 14 PAVENHAM CLOSE has not materially changed since September 2022.

How Large is 14 PAVENHAM CLOSE?

14 PAVENHAM CLOSE is 124m² according to the EPC inspection conducted in May 2022. This puts it in the largest 50% 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 14 PAVENHAM CLOSE lies on this distribution: 54% of detached houses houses are smaller than 14 PAVENHAM CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Reading.

14 PAVENHAM CLOSE: Plot and Title Map

14 PAVENHAM CLOSE sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 14 PAVENHAM 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 PAVENHAM 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 PAVENHAM CLOSE?

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