5, FARRIERS CLOSE, WOODLEY, READING, RG5 3DD - £597,500

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

5 FARRIERS CLOSE is a very small detached house of 72m², built sometime between 1983 and 1990, which could now be worth an estimated £616,533. It was last sold for £597,500 in September 2022, which was around 20% below the average September 2022 detached price in the Wokingham local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

5 FARRIERS CLOSE Sold Prices

Land registry data shows two sales for 5 FARRIERS 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 5 FARRIERS 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
2022 12 SEP	£597,500	£745,919	20% below HPI
2005 10 JUN	£340,000	£360,081	6% below HPI

5 FARRIERS 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 5 FARRIERS CLOSE sales from June 2005 and September 2022 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 2005 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2022 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 5 FARRIERS CLOSE be worth now?

5 FARRIERS CLOSE might now be worth an estimated £616,533.

This is based on house price inflation of 3.2%, between September 2022 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 3.2% inflationary increase is applied to the most recent sale price for 5 FARRIERS CLOSE of £597,500 on 12th September 2022. For the value to have increased from £597,500 to £616,533 over the one year and nine months to December 2024, the following assumptions must hold true:

• The value of 5 FARRIERS CLOSE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The September 2022 sale price of £597,500 represented a fair market value for the property.
• The size, condition, and specification of 5 FARRIERS CLOSE has not materially changed since September 2022.

How Large is 5 FARRIERS CLOSE?

5 FARRIERS CLOSE is 72m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% of detached houses houses in Woodley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woodley, and where 5 FARRIERS CLOSE lies on this distribution: 5% of detached houses houses are smaller than 5 FARRIERS CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Woodley.

5 FARRIERS CLOSE: Plot and Title Map

5 FARRIERS CLOSE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 5 FARRIERS 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 FARRIERS 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 FARRIERS CLOSE?

5 FARRIERS CLOSE is located in WOODLEY, in the RG5 postcode district. The below map shows the position of No. 5 on FARRIERS CLOSE.