2, MILLINGTON CLOSE, READING, RG2 7LR - £735,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 MILLINGTON CLOSE is a large extended detached house of 159m², built sometime between 1996 and 2002. It was last sold for £735,000 in February 2022, which was around 13% above the average February 2022 detached price in the Reading local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was C.

2 MILLINGTON CLOSE Sold Prices

Land registry data shows two sales for 2 MILLINGTON 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 Reading local authority area for the corresponding sale date. Both of the two 2 MILLINGTON 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
2022 24 FEB	£735,000	£652,305	13% above HPI
2002 21 MAR	£340,000	£293,793	16% above HPI

2 MILLINGTON 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 two 2 MILLINGTON CLOSE sales from March 2002 and February 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 March 2002 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the February 2022 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 2 MILLINGTON CLOSE?

2 MILLINGTON CLOSE is 159m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the largest 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 2 MILLINGTON CLOSE lies on this distribution: 80% of detached houses are smaller than 2 MILLINGTON CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Reading.

2 MILLINGTON CLOSE: Plot and Title Map

2 MILLINGTON CLOSE sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 2 MILLINGTON 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 MILLINGTON 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 MILLINGTON CLOSE?

2 MILLINGTON CLOSE is located in READING, in the RG2 postcode district. The below map shows the position of No. 2 on MILLINGTON CLOSE.