4, PICKWELL CLOSE, LOWER EARLEY, READING, RG6 4EX - £427,000

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 PICKWELL CLOSE is a very small detached house of 78m², built sometime between 1976 and 1982, which could now be worth an estimated £464,651. It was last sold for £427,000 in December 2021, which was around 40% below the average December 2021 detached price in the Wokingham local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

4 PICKWELL CLOSE Sold Prices

Land registry data shows five sales for 4 PICKWELL CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the five 4 PICKWELL 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 6 DEC	£427,000	£707,312	40% below HPI
2017 21 JUL	£417,500	£633,312	34% below HPI
2006 10 MAR	£234,000	£372,927	37% below HPI
2002 30 AUG	£202,000	£325,852	38% below HPI
1996 6 SEP	£91,000	£141,440	36% below HPI

4 PICKWELL 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 five 4 PICKWELL CLOSE sales between September 1996 and December 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 July 2017 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the December 2021 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 4 PICKWELL CLOSE be worth now?

4 PICKWELL CLOSE might now be worth an estimated £464,651.

This is based on house price inflation of 8.8%, between December 2021 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 8.8% inflationary increase is applied to the most recent sale price for 4 PICKWELL CLOSE of £427,000 on 6th December 2021. For the value to have increased from £427,000 to £464,651 over the three years to December 2024, the following assumptions must hold true:

• The value of 4 PICKWELL CLOSE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The December 2021 sale price of £427,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PICKWELL CLOSE has not materially changed since December 2021.

How Large is 4 PICKWELL CLOSE?

4 PICKWELL CLOSE is 78m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 20% of detached houses houses in Reading, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reading, and where 4 PICKWELL CLOSE lies on this distribution: 10% of detached houses houses are smaller than 4 PICKWELL CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Reading.

4 PICKWELL CLOSE: Plot and Title Map

4 PICKWELL CLOSE sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 4 PICKWELL 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 PICKWELL 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 PICKWELL CLOSE?

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