7, SHIPLEY CLOSE, WOODLEY, READING, RG5 4RT - £890,000

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.

7 SHIPLEY CLOSE is a very large extended detached house of 193m², built sometime between 1976 and 1982, which could now be worth an estimated £925,878. It was last sold for £890,000 in February 2024, which was around 22% above the average February 2024 detached price in the Wokingham local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was C.

7 SHIPLEY CLOSE Sold Prices

Land registry data shows two sales for 7 SHIPLEY 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 SHIPLEY CLOSE sales were for above 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
2024 2 FEB	£890,000	£730,449	22% above HPI
1996 12 JUL	£180,000	£137,613	31% above HPI

7 SHIPLEY 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 SHIPLEY CLOSE sales from July 1996 and February 2024 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 July 1996 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the February 2024 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 7 SHIPLEY CLOSE be worth now?

7 SHIPLEY CLOSE might now be worth an estimated £925,878.

This is based on house price inflation of 4%, between February 2024 and March 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 4% inflationary increase is applied to the most recent sale price for 7 SHIPLEY CLOSE of £890,000 on 2nd February 2024. For the value to have increased from £890,000 to £925,878 over the eleven months to March 2025, the following assumptions must hold true:

• The value of 7 SHIPLEY CLOSE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The February 2024 sale price of £890,000 represented a fair market value for the property.
• The size, condition, and specification of 7 SHIPLEY CLOSE has not materially changed since February 2024.

How Large is 7 SHIPLEY CLOSE?

7 SHIPLEY CLOSE is 193m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the largest 10% of detached houses houses in Woodley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woodley, and where 7 SHIPLEY CLOSE lies on this distribution: 95% of detached houses houses are smaller than 7 SHIPLEY CLOSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Woodley.

7 SHIPLEY CLOSE: Plot and Title Map

7 SHIPLEY CLOSE sits on a plot of roughly 0.193 of an acre, or 782m². The below map shows the location of 7 SHIPLEY 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 SHIPLEY 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 SHIPLEY CLOSE?

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