26, MERRIFIELD CLOSE, LOWER EARLEY, READING, RG6 4BN - £400,000

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.

26 MERRIFIELD CLOSE is a small extended semi-detached house of 102m², built sometime between 1930 and 1949, which could now be worth an estimated £489,391. It was last sold for £400,000 in August 2018, which was around 2% below the average August 2018 semi-detached price in the Wokingham local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

26 MERRIFIELD CLOSE Sold Prices

Land registry data shows two sales for 26 MERRIFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Wokingham local authority area for the corresponding sale date. Both of the two 26 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
2018 3 AUG	£400,000	£409,476	2% below HPI
2010 14 APR	£220,000	£267,879	18% below HPI

26 MERRIFIELD CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wokingham local authority area over time, sourced from the HPI. The two 26 MERRIFIELD CLOSE sales from April 2010 and August 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 April 2010 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2018 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 26 MERRIFIELD CLOSE be worth now?

26 MERRIFIELD CLOSE might now be worth an estimated £489,391.

This is based on house price inflation of 22.3%, between August 2018 and February 2025, for semi-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 22.3% inflationary increase is applied to the most recent sale price for 26 MERRIFIELD CLOSE of £400,000 on 3rd August 2018. For the value to have increased from £400,000 to £489,391 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 26 MERRIFIELD CLOSE has moved in line with the HPI for semi-detached houses in the Wokingham local authority area.
• The August 2018 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 26 MERRIFIELD CLOSE has not materially changed since August 2018.

How Large is 26 MERRIFIELD CLOSE?

26 MERRIFIELD CLOSE is 102m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the smallest 40% of semi-detached houses houses in Reading, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Reading, and where 26 MERRIFIELD CLOSE lies on this distribution: 30% of semi-detached houses houses are smaller than 26 MERRIFIELD CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Reading.

26 MERRIFIELD CLOSE: Plot and Title Map

26 MERRIFIELD CLOSE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 26 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 26 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 26 MERRIFIELD CLOSE?

26 MERRIFIELD CLOSE is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 26 on MERRIFIELD CLOSE.