16, TINWELL CLOSE, LOWER EARLEY, READING, RG6 3BJ - £455,000

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

16 TINWELL CLOSE is a very small extended detached house of 82m², built sometime between 1976 and 1982. It was last sold for £455,000 in November 2022, which was around 37% below the average November 2022 detached price in the Wokingham local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

16 TINWELL CLOSE Sold Prices

Land registry data shows two sales for 16 TINWELL 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 TINWELL 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
2022 23 NOV	£455,000	£722,968	37% below HPI
1998 25 JUN	£128,000	£180,908	29% below HPI

16 TINWELL 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 TINWELL CLOSE sales from June 1998 and November 2022 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 June 1998 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2022 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 16 TINWELL CLOSE?

16 TINWELL CLOSE is 82m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the smallest 20% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 16 TINWELL CLOSE lies on this distribution: 13% of detached houses are smaller than 16 TINWELL CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Reading.

16 TINWELL CLOSE: Plot and Title Map

16 TINWELL CLOSE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 16 TINWELL 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 TINWELL 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 TINWELL CLOSE?

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