4, MILAM CLOSE, ARBORFIELD, READING, RG2 9FD - £735,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 MILAM CLOSE is a very large detached house of 228m², built sometime from 2007 onwards, which could now be worth an estimated £896,804. It was last sold for £735,000 in September 2019, which was around 17% above the average September 2019 detached price in the Wokingham local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

4 MILAM CLOSE Sold Prices

Land registry data shows three sales for 4 MILAM 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. The three 4 MILAM CLOSE sales were a mix of above the average price, and roughly equal to 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
2019 5 SEP	£735,000	£630,812	17% above HPI
2008 21 JUL	£445,000	£443,079	Close to HPI
2003 27 MAR	£424,000	£346,927	22% above HPI

4 MILAM 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 4 MILAM CLOSE sales between March 2003 and September 2019 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 July 2008 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the September 2019 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 4 MILAM CLOSE be worth now?

4 MILAM CLOSE might now be worth an estimated £896,804.

This is based on house price inflation of 22%, between September 2019 and December 2024, 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 22% inflationary increase is applied to the most recent sale price for 4 MILAM CLOSE of £735,000 on 5th September 2019. For the value to have increased from £735,000 to £896,804 over the four years and nine months to December 2024, the following assumptions must hold true:

• The value of 4 MILAM CLOSE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The September 2019 sale price of £735,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MILAM CLOSE has not materially changed since September 2019.

How Large is 4 MILAM CLOSE?

4 MILAM CLOSE is 228m² according to the EPC inspection conducted in April 2019. This puts it in the largest 10% of detached houses houses in Arborfield Garrison, based on EPC data. The below chart shows the distribution of detached houses houses by size in Arborfield Garrison, and where 4 MILAM CLOSE lies on this distribution: More than 99% of detached houses houses are smaller than 4 MILAM CLOSE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Arborfield Garrison.

4 MILAM CLOSE: Plot and Title Map

4 MILAM CLOSE sits on a plot of roughly 0.122 of an acre, or 493m². The below map shows the location of 4 MILAM 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 4 MILAM 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 4 MILAM CLOSE?

4 MILAM CLOSE is located in ARBORFIELD, in the RG2 postcode district. The below map shows the position of No. 4 on MILAM CLOSE.