16, NORTHBOURNE CLOSE, EARLEY, READING, RG6 5YJ - £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

16 NORTHBOURNE CLOSE is a midsized extended detached house of 115m², built sometime between 1983 and 1990, which could now be worth an estimated £519,117. It was last sold for £435,000 in March 2018, which was around 33% below the average March 2018 detached price in the Wokingham local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

16 NORTHBOURNE CLOSE Sold Prices

Land registry data shows two sales for 16 NORTHBOURNE 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 16 NORTHBOURNE 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
2018 26 MAR	£435,000	£644,962	33% below HPI
1997 25 JUL	£60,000	£160,622	63% below HPI

16 NORTHBOURNE 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 16 NORTHBOURNE CLOSE sales from July 1997 and March 2018 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 1997 sale was for 63% below the HPI. So the extrapolation line tracks at 63% below the HPI over time, until the March 2018 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 16 NORTHBOURNE CLOSE be worth now?

16 NORTHBOURNE CLOSE might now be worth an estimated £519,117.

This is based on house price inflation of 19.3%, between March 2018 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 19.3% inflationary increase is applied to the most recent sale price for 16 NORTHBOURNE CLOSE of £435,000 on 26th March 2018. For the value to have increased from £435,000 to £519,117 over the five years and three months to December 2024, the following assumptions must hold true:

• The value of 16 NORTHBOURNE CLOSE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The March 2018 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 16 NORTHBOURNE CLOSE has not materially changed since March 2018.

How Large is 16 NORTHBOURNE CLOSE?

16 NORTHBOURNE CLOSE is 115m², which includes two extensions, according to the EPC inspection conducted in August 2017. This puts it in the smallest 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 16 NORTHBOURNE CLOSE lies on this distribution: 45% of detached houses houses are smaller than 16 NORTHBOURNE CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Reading.

16 NORTHBOURNE CLOSE: Plot and Title Map

16 NORTHBOURNE CLOSE sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 16 NORTHBOURNE 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 16 NORTHBOURNE 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 16 NORTHBOURNE CLOSE?

16 NORTHBOURNE CLOSE is located in EARLEY, in the RG6 postcode district. The below map shows the position of No. 16 on NORTHBOURNE CLOSE.