7, PHILLIPS CLOSE, WOODLEY, READING, RG5 4XD - £726,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

7 PHILLIPS CLOSE is a small detached house of 107m², built sometime between 1991 and 1995. It was last sold for £726,500 in July 2023, which was around 2% above the average July 2023 detached price in the Wokingham local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

7 PHILLIPS CLOSE Sold Prices

Land registry data shows three sales for 7 PHILLIPS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. One of the three 7 PHILLIPS CLOSE sales was for above the average price, whilst two 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
2023 20 JUL	£726,500	£712,467	2% above HPI
2020 4 DEC	£615,000	£639,270	4% below HPI
2019 1 AUG	£400,000	£608,650	34% below HPI

7 PHILLIPS 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 three 7 PHILLIPS CLOSE sales between August 2019 and July 2023 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 December 2020 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the July 2023 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 7 PHILLIPS CLOSE?

7 PHILLIPS CLOSE is 107m² according to the EPC inspection conducted in October 2021. 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 PHILLIPS CLOSE lies on this distribution: 39% of detached houses are smaller than 7 PHILLIPS CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Woodley.

7 PHILLIPS CLOSE: Plot and Title Map

7 PHILLIPS CLOSE sits on a plot of roughly 0.184 of an acre, or 745m². The below map shows the location of 7 PHILLIPS 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 PHILLIPS 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 PHILLIPS CLOSE?

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