8, STONEA CLOSE, LOWER EARLEY, READING, RG6 4JP - £538,800

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 STONEA CLOSE is a very small extended detached house of 89m², built sometime between 1983 and 1990. It was last sold for £538,800 in January 2022, which was around 22% below the average January 2022 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.

8 STONEA CLOSE Sold Prices

Land registry data shows three sales for 8 STONEA 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. All of the three 8 STONEA 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
2022 17 JAN	£538,800	£689,112	22% below HPI
2006 23 MAY	£250,000	£362,869	31% below HPI
2002 15 FEB	£192,500	£293,296	34% below HPI

8 STONEA 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 8 STONEA CLOSE sales between February 2002 and January 2022 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 2006 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the January 2022 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 8 STONEA CLOSE?

8 STONEA CLOSE is 89m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the smallest 20% 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 STONEA CLOSE lies on this distribution: 18% of detached houses are smaller than 8 STONEA CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Reading.

8 STONEA CLOSE: Plot and Title Map

8 STONEA CLOSE sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 8 STONEA 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 STONEA 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 STONEA CLOSE?

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