2, PRIVET CLOSE, LOWER EARLEY, READING, RG6 4NY - £625,000

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.

2 PRIVET CLOSE is a large detached house of 149m², built sometime between 1996 and 2002, which could now be worth an estimated £759,424. It was last sold for £625,000 in September 2016, which was around 2% below the average September 2016 detached price in the Wokingham local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

2 PRIVET CLOSE Sold Prices

Land registry data shows four sales for 2 PRIVET 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 Wokingham local authority area for the corresponding sale date. The four 2 PRIVET CLOSE sales were a mix of below the average price, and roughly equal to 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 1 SEP	£625,000	£639,264	2% below HPI
2003 18 AUG	£323,000	£341,480	5% below HPI
2000 13 JUL	£229,000	£267,828	14% below HPI
1998 19 JUN	£186,250	£186,530	Close to HPI

2 PRIVET 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 four 2 PRIVET CLOSE sales between June 1998 and September 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 August 2003 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the September 2016 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 2 PRIVET CLOSE be worth now?

2 PRIVET CLOSE might now be worth an estimated £759,424.

This is based on house price inflation of 21.5%, between September 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 21.5% inflationary increase is applied to the most recent sale price for 2 PRIVET CLOSE of £625,000 on 1st September 2016. For the value to have increased from £625,000 to £759,424 over the nine years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 PRIVET CLOSE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The September 2016 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PRIVET CLOSE has not materially changed since September 2016.

How Large is 2 PRIVET CLOSE?

2 PRIVET CLOSE is 149m² according to the EPC inspection conducted in March 2016. This puts it in the largest 30% 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 2 PRIVET CLOSE lies on this distribution: 73% of detached houses houses are smaller than 2 PRIVET CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Reading.

2 PRIVET CLOSE: Plot and Title Map

2 PRIVET CLOSE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 2 PRIVET 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 PRIVET 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 PRIVET CLOSE?

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