3, LICHFIELD CLOSE, LOWER EARLEY, READING, RG6 4EH - £270,000

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

3 LICHFIELD CLOSE is a midsized extended detached house of 121m², built sometime between 1983 and 1990. It was last sold for £270,000 in May 2006, which was around 26% below the average May 2006 detached price in the Wokingham local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

3 LICHFIELD CLOSE Sold Prices

Land registry data shows two sales for 3 LICHFIELD 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 3 LICHFIELD 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
2006 5 MAY	£270,000	£362,869	26% below HPI
2001 17 APR	£205,500	£261,791	22% below HPI

3 LICHFIELD 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 3 LICHFIELD CLOSE sales from April 2001 and May 2006 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 2001 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2006 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 3 LICHFIELD CLOSE?

3 LICHFIELD CLOSE is 121m², which includes two extensions, according to the EPC inspection conducted in June 2015. This puts it in the largest 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 3 LICHFIELD CLOSE lies on this distribution: 51% of detached houses are smaller than 3 LICHFIELD CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Reading.

3 LICHFIELD CLOSE: Plot and Title Map

3 LICHFIELD CLOSE sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 3 LICHFIELD 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 LICHFIELD 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 LICHFIELD CLOSE?

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