3, PORCHFIELD CLOSE, EARLEY, READING, RG6 5YZ - £775,000

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 PORCHFIELD CLOSE is a large detached house of 151m², built sometime between 1983 and 1990. It was last sold for £775,000 in June 2021, which was around 21% above the average June 2021 detached price in the Wokingham local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was C.

3 PORCHFIELD CLOSE Sold Prices

Land registry data shows three sales for 3 PORCHFIELD 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. Two of the three 3 PORCHFIELD CLOSE sales were for above the average price, whilst one was 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	£775,000	£641,453	21% above HPI
2000 13 APR	£285,000	£248,134	15% above HPI
1998 16 JAN	£162,500	£172,978	6% below HPI

3 PORCHFIELD 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 PORCHFIELD CLOSE sales between January 1998 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 April 2000 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the June 2021 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 3 PORCHFIELD CLOSE?

3 PORCHFIELD CLOSE is 151m² according to the EPC inspection conducted in June 2013. This puts it in the largest 30% 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 PORCHFIELD CLOSE lies on this distribution: 75% of detached houses are smaller than 3 PORCHFIELD CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Reading.

3 PORCHFIELD CLOSE: Plot and Title Map

3 PORCHFIELD CLOSE sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 3 PORCHFIELD 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 PORCHFIELD 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 PORCHFIELD CLOSE?

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