15, ERISWELL CLOSE, LOWER EARLEY, READING, RG6 3AY - £435,000

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

15 ERISWELL CLOSE is a midsized extended detached house of 119m², built sometime between 1983 and 1990, which could now be worth an estimated £552,984. It was last sold for £435,000 in January 2016, which was around 28% below the average January 2016 detached price in the Wokingham local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

15 ERISWELL CLOSE Sold Prices

Land registry data shows two sales for 15 ERISWELL 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 15 ERISWELL 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
2016 29 JAN	£435,000	£605,462	28% below HPI
2002 30 AUG	£238,000	£325,852	27% below HPI

15 ERISWELL 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 15 ERISWELL CLOSE sales from August 2002 and January 2016 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 2002 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the January 2016 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 15 ERISWELL CLOSE be worth now?

15 ERISWELL CLOSE might now be worth an estimated £552,984.

This is based on house price inflation of 27.1%, between January 2016 and December 2024, 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 27.1% inflationary increase is applied to the most recent sale price for 15 ERISWELL CLOSE of £435,000 on 29th January 2016. For the value to have increased from £435,000 to £552,984 over the seven years and one month to December 2024, the following assumptions must hold true:

• The value of 15 ERISWELL CLOSE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The January 2016 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 15 ERISWELL CLOSE has not materially changed since January 2016.

How Large is 15 ERISWELL CLOSE?

15 ERISWELL CLOSE is 119m², which includes one extension, according to the EPC inspection conducted in October 2015. 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 15 ERISWELL CLOSE lies on this distribution: 49% of detached houses houses are smaller than 15 ERISWELL CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Reading.

15 ERISWELL CLOSE: Plot and Title Map

15 ERISWELL CLOSE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 15 ERISWELL 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 15 ERISWELL 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 15 ERISWELL CLOSE?

15 ERISWELL CLOSE is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 15 on ERISWELL CLOSE.