17, ELMWOOD CLOSE, WOODLEY, READING, RG5 3AL - £645,000

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.

17 ELMWOOD CLOSE is a very large detached house of 177m², built sometime between 2003 and 2006, which could now be worth an estimated £798,655. It was last sold for £645,000 in May 2016, which was around 3% above the average May 2016 detached price in the Wokingham local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was C.

17 ELMWOOD CLOSE Sold Prices

Land registry data shows two sales for 17 ELMWOOD 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 17 ELMWOOD CLOSE sales were for above 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 6 MAY	£645,000	£627,314	3% above HPI
2003 10 OCT	£385,000	£343,326	12% above HPI

17 ELMWOOD 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 17 ELMWOOD CLOSE sales from October 2003 and May 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 October 2003 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the May 2016 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 17 ELMWOOD CLOSE be worth now?

17 ELMWOOD CLOSE might now be worth an estimated £798,655.

This is based on house price inflation of 23.8%, between May 2016 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 23.8% inflationary increase is applied to the most recent sale price for 17 ELMWOOD CLOSE of £645,000 on 6th May 2016. For the value to have increased from £645,000 to £798,655 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of 17 ELMWOOD CLOSE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The May 2016 sale price of £645,000 represented a fair market value for the property.
• The size, condition, and specification of 17 ELMWOOD CLOSE has not materially changed since May 2016.

How Large is 17 ELMWOOD CLOSE?

17 ELMWOOD CLOSE is 177m² according to the EPC inspection conducted in February 2016. This puts it in the largest 10% 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 17 ELMWOOD CLOSE lies on this distribution: 91% of detached houses houses are smaller than 17 ELMWOOD CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Woodley.

17 ELMWOOD CLOSE: Plot and Title Map

17 ELMWOOD CLOSE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 17 ELMWOOD 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 17 ELMWOOD 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 17 ELMWOOD CLOSE?

17 ELMWOOD CLOSE is located in WOODLEY, in the RG5 postcode district. The below map shows the position of No. 17 on ELMWOOD CLOSE.