16, MELLING CLOSE, EARLEY, READING, RG6 7XN - £368,000

16 MELLING CLOSE is a midsized extended detached house of 128m², built sometime between 1976 and 1982. It was last sold for £368,000 in April 2013, which was around 15% below the average April 2013 detached price in the Wokingham local authority area. The most recent EPC inspection was January 2013, where the current energy rating was C, and the potential energy rating was B.

16 MELLING CLOSE Sold Prices

Land registry data shows four sales for 16 MELLING 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 16 MELLING 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
2013 10 APR	£368,000	£432,905	15% below HPI
2007 9 FEB	£325,000	£396,238	18% below HPI
2002 31 MAY	£199,000	£298,924	33% below HPI
2000 19 APR	£150,000	£248,134	40% below HPI

16 MELLING 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 16 MELLING CLOSE sales between April 2000 and April 2013 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 February 2007 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the April 2013 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 16 MELLING CLOSE?

16 MELLING CLOSE is 128m², which includes two extensions, according to the EPC inspection conducted in January 2013. This puts it in the largest 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 16 MELLING CLOSE lies on this distribution: 59% of detached houses are smaller than 16 MELLING CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Reading.

16 MELLING CLOSE: Plot and Title Map

16 MELLING CLOSE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 16 MELLING 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 16 MELLING 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 16 MELLING CLOSE?

16 MELLING CLOSE is located in EARLEY, in the RG6 postcode district. The below map shows the position of No. 16 on MELLING CLOSE.