8, RAINWORTH CLOSE, LOWER EARLEY, READING, RG6 4DP - £325,000

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

8 RAINWORTH CLOSE is a small detached house of 111m², built sometime between 1976 and 1982. It was last sold for £325,000 in November 2011, which was around 22% below the average November 2011 detached price in the Wokingham local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was C.

8 RAINWORTH CLOSE Sold Prices

Land registry data shows two sales for 8 RAINWORTH 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 8 RAINWORTH 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
2011 2 NOV	£325,000	£417,372	22% below HPI
2003 27 NOV	£285,000	£332,549	14% below HPI

8 RAINWORTH 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 8 RAINWORTH CLOSE sales from November 2003 and November 2011 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 2003 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2011 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 8 RAINWORTH CLOSE?

8 RAINWORTH CLOSE is 111m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 40% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 8 RAINWORTH CLOSE lies on this distribution: 40% of detached houses are smaller than 8 RAINWORTH CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Reading.

8 RAINWORTH CLOSE: Plot and Title Map

8 RAINWORTH CLOSE sits on a plot of roughly 0.130 of an acre, or 524m². The below map shows the location of 8 RAINWORTH 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 8 RAINWORTH 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 8 RAINWORTH CLOSE?

8 RAINWORTH CLOSE is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 8 on RAINWORTH CLOSE.