31, MELLING CLOSE, EARLEY, READING, RG6 7XN - £395,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

31 MELLING CLOSE is a very small extended semi-detached house of 74m², built sometime between 1976 and 1982. It was last sold for £395,000 in October 2020, which was around 38% below the average October 2020 detached price in the Wokingham local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

31 MELLING CLOSE Sold Prices

Land registry data shows two sales for 31 MELLING 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 31 MELLING 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
2020 30 OCT	£395,000	£639,347	38% below HPI
2011 10 OCT	£249,000	£411,726	40% below HPI

31 MELLING 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 31 MELLING CLOSE sales from October 2011 and October 2020 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 October 2011 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the October 2020 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 31 MELLING CLOSE?

31 MELLING CLOSE is 74m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the smallest 10% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 31 MELLING CLOSE lies on this distribution: 8% of detached houses are smaller than 31 MELLING CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Reading.

31 MELLING CLOSE: Plot and Title Map

31 MELLING CLOSE sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 31 MELLING 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 31 MELLING 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 31 MELLING CLOSE?

31 MELLING CLOSE is located in EARLEY, in the RG6 postcode district. The below map shows the position of No. 31 on MELLING CLOSE.