14, WRIGHT CLOSE, WOODLEY, READING, RG5 4TY - £499,950

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 WRIGHT CLOSE is a midsized extended detached house of 112m², built sometime between 1976 and 1982, which could now be worth an estimated £549,035. It was last sold for £499,950 in December 2021, which was around 29% below the average December 2021 detached price in the Wokingham local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

14 WRIGHT CLOSE Sold Prices

Land registry data shows two sales for 14 WRIGHT 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 WRIGHT 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
2021 17 DEC	£499,950	£707,312	29% below HPI
2002 26 JUL	£259,950	£317,377	18% below HPI

14 WRIGHT 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 WRIGHT CLOSE sales from July 2002 and December 2021 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 July 2002 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2021 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 14 WRIGHT CLOSE be worth now?

14 WRIGHT CLOSE might now be worth an estimated £549,035.

This is based on house price inflation of 9.8%, between December 2021 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 9.8% inflationary increase is applied to the most recent sale price for 14 WRIGHT CLOSE of £499,950 on 17th December 2021. For the value to have increased from £499,950 to £549,035 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of 14 WRIGHT CLOSE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The December 2021 sale price of £499,950 represented a fair market value for the property.
• The size, condition, and specification of 14 WRIGHT CLOSE has not materially changed since December 2021.

How Large is 14 WRIGHT CLOSE?

14 WRIGHT CLOSE is 112m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the smallest 50% of detached houses houses in Woodley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woodley, and where 14 WRIGHT CLOSE lies on this distribution: 46% of detached houses houses are smaller than 14 WRIGHT CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Woodley.

14 WRIGHT CLOSE: Plot and Title Map

14 WRIGHT CLOSE sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 14 WRIGHT 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 WRIGHT 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 WRIGHT CLOSE?

14 WRIGHT CLOSE is located in WOODLEY, in the RG5 postcode district. The below map shows the position of No. 14 on WRIGHT CLOSE.