3, KNOSSINGTON CLOSE, LOWER EARLEY, READING, RG6 4EU - £558,000

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.

3 KNOSSINGTON CLOSE is a midsized extended detached house of 120m², built sometime between 1983 and 1990, which could now be worth an estimated £655,336. It was last sold for £558,000 in June 2021, which was around 16% below the average June 2021 detached price in the Wokingham local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was C.

3 KNOSSINGTON CLOSE Sold Prices

Land registry data shows three sales for 3 KNOSSINGTON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the three 3 KNOSSINGTON 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 JUN	£558,000	£661,386	16% below HPI
2008 15 FEB	£330,000	£448,036	26% below HPI
2001 30 MAR	£240,000	£270,489	11% below HPI

3 KNOSSINGTON 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 three 3 KNOSSINGTON CLOSE sales between March 2001 and June 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 February 2008 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2021 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 3 KNOSSINGTON CLOSE be worth now?

3 KNOSSINGTON CLOSE might now be worth an estimated £655,336.

This is based on house price inflation of 17.4%, between June 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 17.4% inflationary increase is applied to the most recent sale price for 3 KNOSSINGTON CLOSE of £558,000 on 29th June 2021. For the value to have increased from £558,000 to £655,336 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 3 KNOSSINGTON CLOSE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The June 2021 sale price of £558,000 represented a fair market value for the property.
• The size, condition, and specification of 3 KNOSSINGTON CLOSE has not materially changed since June 2021.

How Large is 3 KNOSSINGTON CLOSE?

3 KNOSSINGTON CLOSE is 120m², which includes four extensions, according to the EPC inspection conducted in January 2021. This puts it in the largest 50% of detached houses houses in Reading, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reading, and where 3 KNOSSINGTON CLOSE lies on this distribution: 50% of detached houses houses are smaller than 3 KNOSSINGTON CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Reading.

3 KNOSSINGTON CLOSE: Plot and Title Map

3 KNOSSINGTON CLOSE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 3 KNOSSINGTON 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 3 KNOSSINGTON 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 3 KNOSSINGTON CLOSE?

3 KNOSSINGTON CLOSE is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 3 on KNOSSINGTON CLOSE.