3, LANIVER CLOSE, EARLEY, READING, RG6 5UD - £755,000

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 LANIVER CLOSE is a very large detached house of 213m², built sometime between 1983 and 1990, which could now be worth an estimated £917,384. It was last sold for £755,000 in September 2016, which was around 18% above the average September 2016 detached price in the Wokingham local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

3 LANIVER CLOSE Sold Prices

Land registry data shows three sales for 3 LANIVER 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 LANIVER CLOSE sales were for above 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 30 SEP	£755,000	£639,264	18% above HPI
2005 9 DEC	£440,000	£366,981	20% above HPI
2002 26 NOV	£388,000	£336,324	15% above HPI

3 LANIVER 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 LANIVER CLOSE sales between November 2002 and September 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 December 2005 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the September 2016 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 3 LANIVER CLOSE be worth now?

3 LANIVER CLOSE might now be worth an estimated £917,384.

This is based on house price inflation of 21.5%, between September 2016 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 21.5% inflationary increase is applied to the most recent sale price for 3 LANIVER CLOSE of £755,000 on 30th September 2016. For the value to have increased from £755,000 to £917,384 over the nine years and seven months to February 2025, the following assumptions must hold true:

• The value of 3 LANIVER CLOSE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The September 2016 sale price of £755,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LANIVER CLOSE has not materially changed since September 2016.

How Large is 3 LANIVER CLOSE?

3 LANIVER CLOSE is 213m² according to the EPC inspection conducted in March 2016. This puts it in the largest 10% 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 LANIVER CLOSE lies on this distribution: 95% of detached houses houses are smaller than 3 LANIVER CLOSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Reading.

3 LANIVER CLOSE: Plot and Title Map

3 LANIVER CLOSE sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 3 LANIVER 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 LANIVER 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 LANIVER CLOSE?

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