12, ERISWELL CLOSE, LOWER EARLEY, READING, RG6 3AY - £550,000

12 ERISWELL CLOSE is a midsized extended detached house of 117m², built sometime between 1983 and 1990. It was last sold for £550,000 in January 2023, which was around 31% below the average January 2023 detached price in the Wokingham local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

12 ERISWELL CLOSE Sold Prices

Land registry data shows three sales for 12 ERISWELL 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 12 ERISWELL 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 10 JAN	£550,000	£792,485	31% below HPI
2002 28 MAR	£234,500	£295,131	21% below HPI
1997 1 DEC	£132,000	£171,077	23% below HPI

12 ERISWELL 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 12 ERISWELL CLOSE sales between December 1997 and January 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 2002 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the January 2023 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 12 ERISWELL CLOSE?

12 ERISWELL CLOSE is 117m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 50% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 12 ERISWELL CLOSE lies on this distribution: 48% of detached houses are smaller than 12 ERISWELL CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Reading.

12 ERISWELL CLOSE: Plot and Title Map

12 ERISWELL CLOSE sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 12 ERISWELL 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 12 ERISWELL 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 12 ERISWELL CLOSE?

12 ERISWELL CLOSE is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 12 on ERISWELL CLOSE.