14, SHARPTHORPE CLOSE, LOWER EARLEY, READING, RG6 4DB - £450,000

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

14 SHARPTHORPE CLOSE is a very small detached house of 71m², built sometime between 1983 and 1990, which could now be worth an estimated £469,901. It was last sold for £450,000 in August 2023, which was around 40% below the average August 2023 detached price in the Wokingham local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

14 SHARPTHORPE CLOSE Sold Prices

Land registry data shows three sales for 14 SHARPTHORPE 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 14 SHARPTHORPE 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
2023 14 AUG	£450,000	£743,859	40% below HPI
2015 9 NOV	£345,000	£595,233	42% below HPI
2007 23 JUL	£248,500	£430,772	42% below HPI

14 SHARPTHORPE 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 14 SHARPTHORPE CLOSE sales between July 2007 and August 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 November 2015 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the August 2023 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 14 SHARPTHORPE CLOSE be worth now?

14 SHARPTHORPE CLOSE might now be worth an estimated £469,901.

This is based on house price inflation of 4.4%, between August 2023 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 4.4% inflationary increase is applied to the most recent sale price for 14 SHARPTHORPE CLOSE of £450,000 on 14th August 2023. For the value to have increased from £450,000 to £469,901 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of 14 SHARPTHORPE CLOSE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The August 2023 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 14 SHARPTHORPE CLOSE has not materially changed since August 2023.

How Large is 14 SHARPTHORPE CLOSE?

14 SHARPTHORPE CLOSE is 71m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 10% 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 SHARPTHORPE CLOSE lies on this distribution: 6% of detached houses houses are smaller than 14 SHARPTHORPE CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Reading.

14 SHARPTHORPE CLOSE: Plot and Title Map

14 SHARPTHORPE CLOSE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 14 SHARPTHORPE 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 SHARPTHORPE 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 SHARPTHORPE CLOSE?

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