5, LEDRAN CLOSE, LOWER EARLEY, READING, RG6 4JF - £250,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 LEDRAN CLOSE is a very small detached house of 75m², built sometime between 1976 and 1982. It was last sold for £250,000 in November 2005, which was around 31% below the average November 2005 detached price in the Wokingham local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

5 LEDRAN CLOSE Sold Prices

Land registry data shows two sales for 5 LEDRAN 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 LEDRAN 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
2005 11 NOV	£250,000	£362,577	31% below HPI
1996 15 NOV	£90,000	£139,943	36% below HPI

5 LEDRAN 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 LEDRAN CLOSE sales from November 1996 and November 2005 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 November 1996 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the November 2005 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 5 LEDRAN CLOSE?

5 LEDRAN CLOSE is 75m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 10% 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 LEDRAN CLOSE lies on this distribution: 8% of detached houses are smaller than 5 LEDRAN CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Reading.

5 LEDRAN CLOSE: Plot and Title Map

5 LEDRAN CLOSE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 5 LEDRAN 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 LEDRAN 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 LEDRAN CLOSE?

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