8, WRIGHT CLOSE, WOODLEY, READING, RG5 4TY - £390,000

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 WRIGHT CLOSE is a small extended detached house of 97m², built sometime between 1976 and 1982. It was last sold for £390,000 in December 2014, which was around 24% below the average December 2014 detached price in the Wokingham local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

8 WRIGHT CLOSE Sold Prices

Land registry data shows four sales for 8 WRIGHT CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the four 8 WRIGHT 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
2014 12 DEC	£390,000	£513,096	24% below HPI
2004 23 AUG	£230,000	£347,782	34% below HPI
2002 31 MAY	£205,000	£298,924	31% below HPI
1996 25 OCT	£87,500	£138,923	37% below HPI

8 WRIGHT 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 four 8 WRIGHT CLOSE sales between October 1996 and December 2014 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 August 2004 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the December 2014 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 8 WRIGHT CLOSE?

8 WRIGHT CLOSE is 97m², which includes two extensions, according to the EPC inspection conducted in October 2014. This puts it in the smallest 30% of detached houses in Woodley, based on EPC data. The below chart shows the distribution of detached houses by size in Woodley, and where 8 WRIGHT CLOSE lies on this distribution: 28% of detached houses are smaller than 8 WRIGHT CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Woodley.

8 WRIGHT CLOSE: Plot and Title Map

8 WRIGHT CLOSE sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 8 WRIGHT 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 WRIGHT 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 WRIGHT CLOSE?

8 WRIGHT CLOSE is located in WOODLEY, in the RG5 postcode district. The below map shows the position of No. 8 on WRIGHT CLOSE.