5, REEDS CLOSE, WANTAGE, OX12 9AT - £285,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 REEDS CLOSE is a very small detached house of 66m², built sometime between 1996 and 2002, which could now be worth an estimated £385,624. It was last sold for £285,000 in March 2016, which was around 43% below the average March 2016 detached price in the Vale of White Horse 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 REEDS CLOSE Sold Prices

Land registry data shows two sales for 5 REEDS 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 Vale of White Horse local authority area for the corresponding sale date. Both of the two 5 REEDS 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
2016 24 MAR	£285,000	£499,640	43% below HPI
2012 29 FEB	£175,000	£389,679	55% below HPI

5 REEDS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Vale of White Horse local authority area over time, sourced from the HPI. The two 5 REEDS CLOSE sales from February 2012 and March 2016 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 February 2012 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the March 2016 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 5 REEDS CLOSE be worth now?

5 REEDS CLOSE might now be worth an estimated £385,624.

This is based on house price inflation of 35.3%, between March 2016 and February 2025, for detached houses, in the Vale of White Horse local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 35.3% inflationary increase is applied to the most recent sale price for 5 REEDS CLOSE of £285,000 on 24th March 2016. For the value to have increased from £285,000 to £385,624 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of 5 REEDS CLOSE has moved in line with the HPI for detached houses in the Vale of White Horse local authority area.
• The March 2016 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 5 REEDS CLOSE has not materially changed since March 2016.

How Large is 5 REEDS CLOSE?

5 REEDS CLOSE is 66m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% of detached houses houses in Wantage, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wantage, and where 5 REEDS CLOSE lies on this distribution: 1% of detached houses houses are smaller than 5 REEDS CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Wantage.

5 REEDS CLOSE: Plot and Title Map

5 REEDS CLOSE sits on a plot of roughly 0.044 of an acre, or 180m². The below map shows the location of 5 REEDS 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 REEDS 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 REEDS CLOSE?

5 REEDS CLOSE is located in WANTAGE, in the OX12 postcode district. The below map shows the position of No. 5 on REEDS CLOSE.