12, TIPTREE CLOSE, LOWER EARLEY, READING, RG6 4HS - £525,000

12 TIPTREE CLOSE is a midsized extended detached house of 116m², built sometime between 1983 and 1990. It was last sold for £525,000 in August 2015, which was around 7% below the average August 2015 detached price in the Wokingham local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

12 TIPTREE CLOSE Sold Prices

Land registry data shows two sales for 12 TIPTREE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. Both of the two 12 TIPTREE 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
2015 18 AUG	£525,000	£562,405	7% below HPI
2005 1 DEC	£321,000	£355,922	10% below HPI

12 TIPTREE 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 two 12 TIPTREE CLOSE sales from December 2005 and August 2015 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 2005 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2015 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 12 TIPTREE CLOSE?

12 TIPTREE CLOSE is 116m², which includes one extension, according to the EPC inspection conducted in September 2014. 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 TIPTREE CLOSE lies on this distribution: 47% of detached houses are smaller than 12 TIPTREE CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Reading.

12 TIPTREE CLOSE: Plot and Title Map

12 TIPTREE CLOSE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 12 TIPTREE 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 TIPTREE 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 TIPTREE CLOSE?

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