27, MALVERN CLOSE, WOODLEY, READING, RG5 4HL - £645,000

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

27 MALVERN CLOSE is a large extended detached house of 135m², built sometime between 1950 and 1966. It was last sold for £645,000 in August 2023, which was around 11% below the average August 2023 detached price in the Wokingham local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

27 MALVERN CLOSE Sold Prices

Land registry data shows two sales for 27 MALVERN 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 27 MALVERN 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
2023 31 AUG	£645,000	£721,441	11% below HPI
1996 19 SEP	£116,000	£137,177	15% below HPI

27 MALVERN 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 27 MALVERN CLOSE sales from September 1996 and August 2023 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 September 1996 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2023 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 27 MALVERN CLOSE?

27 MALVERN CLOSE is 135m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the largest 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 27 MALVERN CLOSE lies on this distribution: 71% of detached houses are smaller than 27 MALVERN CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Woodley.

27 MALVERN CLOSE: Plot and Title Map

27 MALVERN CLOSE sits on a plot of roughly 0.151 of an acre, or 610m². The below map shows the location of 27 MALVERN 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 27 MALVERN 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 27 MALVERN CLOSE?

27 MALVERN CLOSE is located in WOODLEY, in the RG5 postcode district. The below map shows the position of No. 27 on MALVERN CLOSE.