5, THORNEY CLOSE, LOWER EARLEY, READING, RG6 3AF - £376,000

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 THORNEY CLOSE is a midsized extended detached house of 115m², built sometime between 1976 and 1982, which could now be worth an estimated £592,866. It was last sold for £376,000 in May 2014, which was around 24% below the average May 2014 detached price in the Wokingham local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

5 THORNEY CLOSE Sold Prices

Land registry data shows two sales for 5 THORNEY 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 THORNEY 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
2014 29 MAY	£376,000	£492,624	24% below HPI
1995 28 APR	£85,500	£132,657	36% below HPI

5 THORNEY 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 THORNEY CLOSE sales from April 1995 and May 2014 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 April 1995 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the May 2014 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 5 THORNEY CLOSE be worth now?

5 THORNEY CLOSE might now be worth an estimated £592,866.

This is based on house price inflation of 57.7%, between May 2014 and February 2025, 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 57.7% inflationary increase is applied to the most recent sale price for 5 THORNEY CLOSE of £376,000 on 29th May 2014. For the value to have increased from £376,000 to £592,866 over the eleven years and three months to February 2025, the following assumptions must hold true:

• The value of 5 THORNEY CLOSE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The May 2014 sale price of £376,000 represented a fair market value for the property.
• The size, condition, and specification of 5 THORNEY CLOSE has not materially changed since May 2014.

How Large is 5 THORNEY CLOSE?

5 THORNEY CLOSE is 115m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 50% 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 5 THORNEY CLOSE lies on this distribution: 45% of detached houses houses are smaller than 5 THORNEY CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Reading.

5 THORNEY CLOSE: Plot and Title Map

5 THORNEY CLOSE sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 5 THORNEY 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 THORNEY 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 THORNEY CLOSE?

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