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

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.

22 MOLLISON CLOSE is a small extended detached house of 93m², built sometime between 1991 and 1995, which could now be worth an estimated £623,248. It was last sold for £517,500 in March 2021, which was around 20% 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	£644,962	20% below HPI
2018 2 MAR	£460,000	£644,962	29% 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 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the March 2021 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 22 MOLLISON CLOSE be worth now?

22 MOLLISON CLOSE might now be worth an estimated £623,248.

This is based on house price inflation of 20.4%, between March 2021 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 20.4% inflationary increase is applied to the most recent sale price for 22 MOLLISON CLOSE of £517,500 on 29th March 2021. For the value to have increased from £517,500 to £623,248 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 22 MOLLISON CLOSE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The March 2021 sale price of £517,500 represented a fair market value for the property.
• The size, condition, and specification of 22 MOLLISON CLOSE has not materially changed since March 2021.

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 houses in Woodley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woodley, and where 22 MOLLISON CLOSE lies on this distribution: 23% of detached houses 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.