22, MOLLISON CLOSE, WOODLEY, READING, RG5 4XG - £517,500

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

22 MOLLISON CLOSE is a small extended detached house of 93m², built sometime between 1991 and 1995. It was last sold for £517,500 in March 2021, which was around 17% below the average March 2021 detached price in the Wokingham local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was C.

22 MOLLISON CLOSE Sold Prices

Land registry data shows two sales for 22 MOLLISON 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 22 MOLLISON 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 MAR	£517,500	£625,524	17% below HPI
2018 2 MAR	£460,000	£625,524	26% below HPI

22 MOLLISON 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 22 MOLLISON CLOSE sales from March 2018 and March 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 March 2018 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the March 2021 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 22 MOLLISON CLOSE?

22 MOLLISON CLOSE is 93m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the smallest 30% of detached houses in Woodley, based on EPC data. The below chart shows the distribution of detached houses by size in Woodley, and where 22 MOLLISON CLOSE lies on this distribution: 24% of detached houses are smaller than 22 MOLLISON CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Woodley.

22 MOLLISON CLOSE: Plot and Title Map

22 MOLLISON CLOSE sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 22 MOLLISON 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 22 MOLLISON 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 22 MOLLISON CLOSE?

22 MOLLISON CLOSE is located in WOODLEY, in the RG5 postcode district. The below map shows the position of No. 22 on MOLLISON CLOSE.