7, BALME CLOSE, CHARVIL, READING, RG10 9RN - £585,000

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

7 BALME CLOSE is a very small detached house of 98m², built sometime between 1996 and 2002, which could now be worth an estimated £704,541. It was last sold for £585,000 in March 2021, which was around 9% below the average March 2021 detached price in the Wokingham local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

7 BALME CLOSE Sold Prices

Land registry data shows four sales for 7 BALME 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. Most of the four 7 BALME 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
2021 31 MAR	£585,000	£644,962	9% below HPI
2007 9 JAN	£374,500	£405,710	8% below HPI
2000 31 MAY	£237,500	£259,685	9% below HPI
1998 28 AUG	£193,950	£191,015	2% above HPI

7 BALME 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 7 BALME CLOSE sales between August 1998 and March 2021 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 2007 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the March 2021 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 7 BALME CLOSE be worth now?

7 BALME CLOSE might now be worth an estimated £704,541.

This is based on house price inflation of 20.4%, between March 2021 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 20.4% inflationary increase is applied to the most recent sale price for 7 BALME CLOSE of £585,000 on 31st March 2021. For the value to have increased from £585,000 to £704,541 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 7 BALME CLOSE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The March 2021 sale price of £585,000 represented a fair market value for the property.
• The size, condition, and specification of 7 BALME CLOSE has not materially changed since March 2021.

How Large is 7 BALME CLOSE?

7 BALME CLOSE is 98m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 20% of detached houses houses in Charvil, based on EPC data. The below chart shows the distribution of detached houses houses by size in Charvil, and where 7 BALME CLOSE lies on this distribution: 12% of detached houses houses are smaller than 7 BALME CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Charvil.

7 BALME CLOSE: Plot and Title Map

7 BALME CLOSE sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 7 BALME 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 7 BALME 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 7 BALME CLOSE?

7 BALME CLOSE is located in CHARVIL, in the RG10 postcode district. The below map shows the position of No. 7 on BALME CLOSE.