24, SWEPSTONE CLOSE, LOWER EARLEY, READING, RG6 3EZ - £515,000

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

24 SWEPSTONE CLOSE is a midsized extended detached house of 114m², built sometime between 1976 and 1982. It was last sold for £515,000 in February 2016, which was around 13% below the average February 2016 detached price in the Wokingham local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

24 SWEPSTONE CLOSE Sold Prices

Land registry data shows two sales for 24 SWEPSTONE 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 24 SWEPSTONE 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
2016 11 FEB	£515,000	£593,030	13% below HPI
2006 20 JAN	£317,500	£355,575	11% below HPI

24 SWEPSTONE 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 24 SWEPSTONE CLOSE sales from January 2006 and February 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 January 2006 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the February 2016 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 24 SWEPSTONE CLOSE?

24 SWEPSTONE CLOSE is 114m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the smallest 50% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 24 SWEPSTONE CLOSE lies on this distribution: 44% of detached houses are smaller than 24 SWEPSTONE CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Reading.

24 SWEPSTONE CLOSE: Plot and Title Map

24 SWEPSTONE CLOSE sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 24 SWEPSTONE 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 24 SWEPSTONE 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 24 SWEPSTONE CLOSE?

24 SWEPSTONE CLOSE is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 24 on SWEPSTONE CLOSE.