4, PAVENHAM CLOSE, LOWER EARLEY, READING, RG6 4DX - £340,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

4 PAVENHAM CLOSE is a midsized detached house of 111m², built sometime between 1983 and 1990. It was last sold for £340,000 in October 2014, which was around 33% below the average October 2014 detached price in the Wokingham local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was C.

4 PAVENHAM CLOSE Sold Prices

Land registry data shows three sales for 4 PAVENHAM 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. All of the three 4 PAVENHAM 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
2014 24 OCT	£340,000	£510,893	33% below HPI
2001 18 MAY	£163,000	£264,140	38% below HPI
1996 9 JUL	£83,000	£133,466	38% below HPI

4 PAVENHAM 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 PAVENHAM CLOSE sales between July 1996 and October 2014 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 May 2001 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the October 2014 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 4 PAVENHAM CLOSE?

4 PAVENHAM CLOSE is 111m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 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 4 PAVENHAM CLOSE lies on this distribution: 40% of detached houses are smaller than 4 PAVENHAM CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Reading.

4 PAVENHAM CLOSE: Plot and Title Map

4 PAVENHAM CLOSE sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 4 PAVENHAM 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 PAVENHAM 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 PAVENHAM CLOSE?

4 PAVENHAM CLOSE is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 4 on PAVENHAM CLOSE.