18, FARRIERS CLOSE, WOODLEY, READING, RG5 3DD - £485,000

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.

18 FARRIERS CLOSE is a very small extended detached house of 87m², built sometime between 1983 and 1990, which could now be worth an estimated £599,197. It was last sold for £485,000 in October 2019, which was around 23% below the average October 2019 detached price in the Wokingham local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

18 FARRIERS CLOSE Sold Prices

Land registry data shows four sales for 18 FARRIERS 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 18 FARRIERS 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
2019 17 OCT	£485,000	£628,896	23% below HPI
2008 28 JUL	£375,000	£443,079	15% below HPI
2002 13 MAY	£275,000	£308,213	11% below HPI
1997 23 OCT	£157,000	£173,154	9% below HPI

18 FARRIERS 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 18 FARRIERS CLOSE sales between October 1997 and October 2019 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 July 2008 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2019 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 18 FARRIERS CLOSE be worth now?

18 FARRIERS CLOSE might now be worth an estimated £599,197.

This is based on house price inflation of 23.5%, between October 2019 and June 2025, 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 23.5% inflationary increase is applied to the most recent sale price for 18 FARRIERS CLOSE of £485,000 on 17th October 2019. For the value to have increased from £485,000 to £599,197 over the six years and four months to June 2025, the following assumptions must hold true:

• The value of 18 FARRIERS CLOSE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The October 2019 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of 18 FARRIERS CLOSE has not materially changed since October 2019.

How Large is 18 FARRIERS CLOSE?

18 FARRIERS CLOSE is 87m², which includes two extensions, according to the EPC inspection conducted in March 2019. This puts it in the smallest 20% of detached houses houses in Woodley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woodley, and where 18 FARRIERS CLOSE lies on this distribution: 17% of detached houses houses are smaller than 18 FARRIERS CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Woodley.

18 FARRIERS CLOSE: Plot and Title Map

18 FARRIERS CLOSE sits on a plot of roughly 0.152 of an acre, or 617m². The below map shows the location of 18 FARRIERS 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 18 FARRIERS 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 18 FARRIERS CLOSE?

18 FARRIERS CLOSE is located in WOODLEY, in the RG5 postcode district. The below map shows the position of No. 18 on FARRIERS CLOSE.