2, MARFLEET CLOSE, LOWER EARLEY, READING, RG6 3XL - £490,000

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

2 MARFLEET CLOSE is a large extended detached house of 157m², built sometime between 1976 and 1982. It was last sold for £490,000 in July 2015, which was around 11% below the average July 2015 detached price in the Wokingham local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

2 MARFLEET CLOSE Sold Prices

Land registry data shows two sales for 2 MARFLEET 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 2 MARFLEET 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
2015 24 JUL	£490,000	£548,805	11% below HPI
1996 11 OCT	£111,000	£138,923	20% below HPI

2 MARFLEET 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 2 MARFLEET CLOSE sales from October 1996 and July 2015 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 1996 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2015 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 2 MARFLEET CLOSE?

2 MARFLEET CLOSE is 157m², which includes one extension, according to the EPC inspection conducted in December 2013. This puts it in the largest 30% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 2 MARFLEET CLOSE lies on this distribution: 78% of detached houses are smaller than 2 MARFLEET CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Reading.

2 MARFLEET CLOSE: Plot and Title Map

2 MARFLEET CLOSE sits on a plot of roughly 0.346 of an acre, or 1,401m². The below map shows the location of 2 MARFLEET 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 2 MARFLEET 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 2 MARFLEET CLOSE?

2 MARFLEET CLOSE is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 2 on MARFLEET CLOSE.