7, TIPTREE CLOSE, LOWER EARLEY, READING, RG6 4HS - £670,000

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 TIPTREE CLOSE is a midsized detached house of 121m², built sometime between 1991 and 1995. It was last sold for £670,000 in December 2016, which was around 7% above the average December 2016 detached price in the Wokingham local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was D.

7 TIPTREE CLOSE Sold Prices

Land registry data shows three sales for 7 TIPTREE 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 TIPTREE 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
2016 15 DEC	£670,000	£625,467	7% above HPI
2011 31 MAY	£410,000	£417,674	2% below HPI
1999 1 OCT	£189,950	£213,472	11% below HPI

7 TIPTREE 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 TIPTREE CLOSE sales between October 1999 and December 2016 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 May 2011 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the December 2016 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 7 TIPTREE CLOSE?

7 TIPTREE CLOSE is 121m² according to the EPC inspection conducted in November 2010. This puts it in the largest 50% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 7 TIPTREE CLOSE lies on this distribution: 51% of detached houses are smaller than 7 TIPTREE CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Reading.

7 TIPTREE CLOSE: Plot and Title Map

7 TIPTREE CLOSE sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 7 TIPTREE 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 TIPTREE 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 TIPTREE CLOSE?

7 TIPTREE CLOSE is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 7 on TIPTREE CLOSE.