10, MILAM CLOSE, ARBORFIELD, READING, RG2 9FD - £312,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

10 MILAM CLOSE is a very small extended detached house of 80m², built sometime between 1996 and 2002, which could now be worth an estimated £502,990. It was last sold for £312,500 in February 2014, which was around 34% below the average February 2014 detached price in the Wokingham local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

10 MILAM CLOSE Sold Prices

Land registry data shows four sales for 10 MILAM 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 10 MILAM 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 3 FEB	£312,500	£476,202	34% below HPI
2010 15 DEC	£287,500	£433,803	34% below HPI
2007 22 JUN	£285,000	£424,634	33% below HPI
2002 18 DEC	£230,000	£338,532	32% below HPI

10 MILAM 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 10 MILAM CLOSE sales between December 2002 and February 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 December 2010 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the February 2014 sale, which was also at 34% below the HPI.

What might 10 MILAM CLOSE be worth now?

10 MILAM CLOSE might now be worth an estimated £502,990.

This is based on house price inflation of 61%, between February 2014 and May 2026, for detached houses, in the Wokingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 61% inflationary increase is applied to the most recent sale price for 10 MILAM CLOSE of £312,500 on 3rd February 2014. For the value to have increased from £312,500 to £502,990 over the eleven years and nine months to May 2026, the following assumptions must hold true:

• The value of 10 MILAM CLOSE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The February 2014 sale price of £312,500 represented a fair market value for the property.
• The size, condition, and specification of 10 MILAM CLOSE has not materially changed since February 2014.

How Large is 10 MILAM CLOSE?

10 MILAM CLOSE is 80m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the smallest 10% of detached houses houses in Arborfield Garrison, based on EPC data. The below chart shows the distribution of detached houses houses by size in Arborfield Garrison, and where 10 MILAM CLOSE lies on this distribution: 4% of detached houses houses are smaller than 10 MILAM CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Arborfield Garrison.

10 MILAM CLOSE: Plot and Title Map

10 MILAM CLOSE sits on a plot of roughly 0.038 of an acre, or 154m². The below map shows the location of 10 MILAM 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 10 MILAM 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 10 MILAM CLOSE?

10 MILAM CLOSE is located in ARBORFIELD, in the RG2 postcode district. The below map shows the position of No. 10 on MILAM CLOSE.