2, WEARDALE CLOSE, READING, RG2 7JD - £780,000

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 WEARDALE CLOSE is a very large extended detached house of 219m², built sometime between 1996 and 2002. It was last sold for £780,000 in July 2018, which was around 28% above the average July 2018 detached price in the Reading local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was C.

2 WEARDALE CLOSE Sold Prices

Land registry data shows three sales for 2 WEARDALE 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 Reading local authority area for the corresponding sale date. All of the three 2 WEARDALE 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
2018 24 JUL	£780,000	£610,998	28% above HPI
1999 29 JUL	£340,000	£188,513	80% above HPI
1996 22 NOV	£225,000	£127,102	77% above HPI

2 WEARDALE 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 three 2 WEARDALE CLOSE sales between November 1996 and July 2018 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 1999 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the July 2018 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 2 WEARDALE CLOSE?

2 WEARDALE CLOSE is 219m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the largest 10% 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 WEARDALE CLOSE lies on this distribution: 95% of detached houses are smaller than 2 WEARDALE CLOSE, and 4% of houses are larger. Note that EPC data is not available for all properties in Reading.

2 WEARDALE CLOSE: Plot and Title Map

2 WEARDALE CLOSE sits on a plot of roughly 0.193 of an acre, or 783m². The below map shows the location of 2 WEARDALE 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 WEARDALE 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 WEARDALE CLOSE?

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