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

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 WRIGHT CLOSE is a midsized extended detached house of 112m², built sometime between 1976 and 1982. It was last sold for £499,950 in December 2021, which was around 27% 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	£685,995	27% below HPI
2002 26 JUL	£259,950	£307,812	16% 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 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2021 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

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 in Woodley, based on EPC data. The below chart shows the distribution of detached houses by size in Woodley, and where 14 WRIGHT CLOSE lies on this distribution: 46% of detached 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 0.087 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.