9, ELVEDEN CLOSE, LOWER EARLEY, READING, RG6 3AX - £547,500

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

9 ELVEDEN CLOSE is a small extended detached house of 93m², built sometime between 1996 and 2002. It was last sold for £547,500 in February 2023, which was around 26% below the average February 2023 detached price in the Wokingham local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

9 ELVEDEN CLOSE Sold Prices

Land registry data shows five sales for 9 ELVEDEN CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the five 9 ELVEDEN 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
2023 3 FEB	£547,500	£742,939	26% below HPI
2015 6 MAR	£407,000	£520,660	22% below HPI
2005 20 DEC	£249,500	£355,922	30% below HPI
2002 21 FEB	£210,000	£293,296	28% below HPI
1996 18 OCT	£95,150	£138,923	32% below HPI

9 ELVEDEN 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 five 9 ELVEDEN CLOSE sales between October 1996 and February 2023 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 March 2015 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2023 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 9 ELVEDEN CLOSE?

9 ELVEDEN CLOSE is 93m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 30% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 9 ELVEDEN CLOSE lies on this distribution: 22% of detached houses are smaller than 9 ELVEDEN CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Reading.

9 ELVEDEN CLOSE: Plot and Title Map

9 ELVEDEN CLOSE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 9 ELVEDEN 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 9 ELVEDEN 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 9 ELVEDEN CLOSE?

9 ELVEDEN CLOSE is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 9 on ELVEDEN CLOSE.