6, WARING CLOSE, LOWER EARLEY, READING, RG6 4JE - £290,000

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

6 WARING CLOSE is a very small detached house of 89m², built sometime between 1976 and 1982. It was last sold for £290,000 in May 2011, which was around 31% below the average May 2011 detached price in the Wokingham local authority area. The most recent EPC inspection was August 2010, where the current energy rating was E, and the potential energy rating was C.

6 WARING CLOSE Sold Prices

Land registry data shows four sales for 6 WARING CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the four 6 WARING 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
2011 3 MAY	£290,000	£417,674	31% below HPI
2009 14 JAN	£120,000	£363,655	67% below HPI
2003 26 SEP	£249,950	£333,880	25% below HPI
2001 25 MAY	£210,000	£264,140	20% below HPI

6 WARING 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 four 6 WARING CLOSE sales between May 2001 and May 2011 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 January 2009 sale was for 67% below the HPI. So the extrapolation line tracks at 67% below the HPI over time, until the May 2011 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 6 WARING CLOSE?

6 WARING CLOSE is 89m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 20% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 6 WARING CLOSE lies on this distribution: 18% of detached houses are smaller than 6 WARING CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Reading.

6 WARING CLOSE: Plot and Title Map

6 WARING CLOSE sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of 6 WARING 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 6 WARING 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 6 WARING CLOSE?

6 WARING CLOSE is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 6 on WARING CLOSE.