1A, CORINNE CLOSE, READING, RG2 8AA - £415,000

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

1A CORINNE CLOSE is a very small extended detached house of 90m², built sometime between 1950 and 1966, which could now be worth an estimated £406,466. It was last sold for £415,000 in July 2022, which was around 42% below the average July 2022 detached price in the Reading local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was C.

1A CORINNE CLOSE Sold Prices

Land registry data shows four sales for 1A CORINNE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Reading local authority area for the corresponding sale date. All of the four 1A CORINNE 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 25 JUL	£415,000	£713,056	42% below HPI
2007 3 OCT	£216,500	£417,021	48% below HPI
2006 4 AUG	£200,000	£365,462	45% below HPI
2003 31 OCT	£167,000	£325,507	49% below HPI

1A CORINNE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Reading local authority area over time, sourced from the HPI. The four 1A CORINNE CLOSE sales between October 2003 and July 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 October 2007 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the July 2022 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 1A CORINNE CLOSE be worth now?

1A CORINNE CLOSE might now be worth an estimated £406,466.

This is based on house price deflation of 2.1%, between July 2022 and December 2024, for detached houses, in the Reading local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.1% deflationary decrease is applied to the most recent sale price for 1A CORINNE CLOSE of £415,000 on 25th July 2022. For the value to have decreased from £415,000 to £406,466 over the one year and seven months to December 2024, the following assumptions must hold true:

• The value of 1A CORINNE CLOSE has moved in line with the HPI for detached houses in the Reading local authority area.
• The July 2022 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 1A CORINNE CLOSE has not materially changed since July 2022.

How Large is 1A CORINNE CLOSE?

1A CORINNE CLOSE is 90m², which includes one extension, according to the EPC inspection conducted in December 2021. This puts it in the smallest 20% 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 1A CORINNE CLOSE lies on this distribution: 19% of detached houses houses are smaller than 1A CORINNE CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Reading.

1A CORINNE CLOSE: Plot and Title Map

1A CORINNE CLOSE sits on a plot of roughly 0.116 of an acre, or 471m². The below map shows the location of 1A CORINNE 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 1A CORINNE 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 1A CORINNE CLOSE?

1A CORINNE CLOSE is located in READING, in the RG2 postcode district. The below map shows the position of No. 1A on CORINNE CLOSE.