5, ELVEDEN CLOSE, LOWER EARLEY, READING, RG6 3AX - £490,000

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

5 ELVEDEN CLOSE is a midsized extended detached house of 111m², built sometime between 1983 and 1990. It was last sold for £490,000 in December 2018, which was around 21% below the average December 2018 detached price in the Wokingham local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

5 ELVEDEN CLOSE Sold Prices

Land registry data shows three sales for 5 ELVEDEN 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 5 ELVEDEN 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
2018 7 DEC	£490,000	£622,133	21% below HPI
2013 7 JUN	£320,000	£431,369	26% below HPI
2005 18 NOV	£299,950	£362,577	17% below HPI

5 ELVEDEN 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 5 ELVEDEN CLOSE sales between November 2005 and December 2018 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 June 2013 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2018 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 5 ELVEDEN CLOSE?

5 ELVEDEN CLOSE is 111m², which includes one extension, according to the EPC inspection conducted in March 2018. 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 5 ELVEDEN CLOSE lies on this distribution: 40% of detached houses are smaller than 5 ELVEDEN CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Reading.

5 ELVEDEN CLOSE: Plot and Title Map

5 ELVEDEN CLOSE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 5 ELVEDEN 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 5 ELVEDEN 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 5 ELVEDEN CLOSE?

5 ELVEDEN CLOSE is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 5 on ELVEDEN CLOSE.