2, ORVILLE CLOSE, WOODLEY, READING, RG5 4TZ - £470,000

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 ORVILLE CLOSE is a very small detached house of 73m², built sometime between 1983 and 1990. It was last sold for £470,000 in January 2022, which was around 32% below the average January 2022 detached price in the Wokingham local authority area. The most recent EPC inspection was May 2010, where the current energy rating was E, and the potential energy rating was C.

2 ORVILLE CLOSE Sold Prices

Land registry data shows three sales for 2 ORVILLE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the three 2 ORVILLE 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 14 JAN	£470,000	£689,112	32% below HPI
2010 9 JUL	£268,000	£411,215	35% below HPI
2005 7 APR	£248,000	£347,040	29% below HPI

2 ORVILLE 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 three 2 ORVILLE CLOSE sales between April 2005 and January 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 July 2010 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the January 2022 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 2 ORVILLE CLOSE?

2 ORVILLE CLOSE is 73m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 10% of detached houses in Woodley, based on EPC data. The below chart shows the distribution of detached houses by size in Woodley, and where 2 ORVILLE CLOSE lies on this distribution: 6% of detached houses are smaller than 2 ORVILLE CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Woodley.

2 ORVILLE CLOSE: Plot and Title Map

2 ORVILLE CLOSE sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 2 ORVILLE 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 ORVILLE 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 ORVILLE CLOSE?

2 ORVILLE CLOSE is located in WOODLEY, in the RG5 postcode district. The below map shows the position of No. 2 on ORVILLE CLOSE.