7, MASTER CLOSE, WOODLEY, READING, RG5 4UB - £275,000

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

7 MASTER CLOSE is a small extended detached house of 106m², built sometime between 1991 and 1995. It was last sold for £275,000 in March 2006, which was around 24% below the average March 2006 detached price in the Wokingham local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was C.

7 MASTER CLOSE Sold Prices

Land registry data shows two sales for 7 MASTER 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 7 MASTER 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
2006 31 MAR	£275,000	£361,688	24% below HPI
2001 29 NOV	£214,950	£291,746	26% below HPI

7 MASTER 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 7 MASTER CLOSE sales from November 2001 and March 2006 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 2001 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the March 2006 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 7 MASTER CLOSE?

7 MASTER CLOSE is 106m², which includes three extensions, according to the EPC inspection conducted in November 2023. This puts it in the smallest 40% of detached houses in Woodley, based on EPC data. The below chart shows the distribution of detached houses by size in Woodley, and where 7 MASTER CLOSE lies on this distribution: 38% of detached houses are smaller than 7 MASTER CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Woodley.

7 MASTER CLOSE: Plot and Title Map

7 MASTER CLOSE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 7 MASTER 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 MASTER 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 MASTER CLOSE?

7 MASTER CLOSE is located in WOODLEY, in the RG5 postcode district. The below map shows the position of No. 7 on MASTER CLOSE.