21, MERRIFIELD CLOSE, LOWER EARLEY, READING, RG6 4BN - £580,000

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

21 MERRIFIELD CLOSE is a small extended detached house of 99m², built sometime between 1983 and 1990. It was last sold for £580,000 in November 2021, which was around 14% below the average November 2021 detached price in the Wokingham local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was C.

21 MERRIFIELD CLOSE Sold Prices

Land registry data shows two sales for 21 MERRIFIELD 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 21 MERRIFIELD 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
2021 29 NOV	£580,000	£675,471	14% below HPI
2007 26 JAN	£305,000	£393,483	22% below HPI

21 MERRIFIELD 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 21 MERRIFIELD CLOSE sales from January 2007 and November 2021 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 January 2007 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2021 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 21 MERRIFIELD CLOSE?

21 MERRIFIELD CLOSE is 99m², which includes two extensions, according to the EPC inspection conducted in November 2019. This puts it in the smallest 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 21 MERRIFIELD CLOSE lies on this distribution: 28% of detached houses are smaller than 21 MERRIFIELD CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Reading.

21 MERRIFIELD CLOSE: Plot and Title Map

21 MERRIFIELD CLOSE sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of 21 MERRIFIELD 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 21 MERRIFIELD 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 21 MERRIFIELD CLOSE?

21 MERRIFIELD CLOSE is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 21 on MERRIFIELD CLOSE.