3, THORNEY CLOSE, LOWER EARLEY, READING, RG6 3AF - £375,000

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 THORNEY CLOSE is a very small semi-detached house of 75m², built sometime between 1983 and 1990, which could now be worth an estimated £449,940. It was last sold for £375,000 in June 2021, which was around 11% below the average June 2021 semi-detached price in the Wokingham local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

3 THORNEY CLOSE Sold Prices

Land registry data shows four sales for 3 THORNEY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Wokingham local authority area for the corresponding sale date. All of the four 3 THORNEY 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 7 JUN	£375,000	£420,774	11% below HPI
2014 27 FEB	£267,500	£301,405	11% below HPI
2004 16 JAN	£189,500	£217,150	13% below HPI
1999 17 SEP	£111,000	£128,212	13% below HPI

3 THORNEY CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wokingham local authority area over time, sourced from the HPI. The four 3 THORNEY CLOSE sales between September 1999 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 2014 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2021 sale, which was also at 11% below the HPI.

What might 3 THORNEY CLOSE be worth now?

3 THORNEY CLOSE might now be worth an estimated £449,940.

This is based on house price inflation of 20%, between June 2021 and June 2025, for semi-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 20% inflationary increase is applied to the most recent sale price for 3 THORNEY CLOSE of £375,000 on 7th June 2021. For the value to have increased from £375,000 to £449,940 over the four years to June 2025, the following assumptions must hold true:

• The value of 3 THORNEY CLOSE has moved in line with the HPI for semi-detached houses in the Wokingham local authority area.
• The June 2021 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THORNEY CLOSE has not materially changed since June 2021.

How Large is 3 THORNEY CLOSE?

3 THORNEY CLOSE is 75m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 10% of semi-detached houses houses in Reading, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Reading, and where 3 THORNEY CLOSE lies on this distribution: 8% of semi-detached houses houses are smaller than 3 THORNEY CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Reading.

3 THORNEY CLOSE: Plot and Title Map

3 THORNEY CLOSE sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 3 THORNEY 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 THORNEY 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 THORNEY CLOSE?

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