2, BASIL CLOSE, EARLEY, READING, RG6 5GL - £396,000

2 BASIL CLOSE is a midsized detached house of 112m², built sometime between 1950 and 1966. It was last sold for £396,000 in November 2013, which was around 13% below the average November 2013 detached price in the Wokingham local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was B.

2 BASIL CLOSE Sold Prices

Land registry data shows two sales for 2 BASIL 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 2 BASIL 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 29 NOV	£396,000	£453,006	13% below HPI
2000 20 OCT	£220,000	£265,789	17% below HPI

2 BASIL 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 2 BASIL CLOSE sales from October 2000 and November 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 October 2000 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the November 2013 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 2 BASIL CLOSE?

2 BASIL CLOSE is 112m² according to the EPC inspection conducted in November 2015. 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 2 BASIL CLOSE lies on this distribution: 42% of detached houses are smaller than 2 BASIL CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Reading.

2 BASIL CLOSE: Plot and Title Map

2 BASIL CLOSE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 2 BASIL 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 2 BASIL 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 2 BASIL CLOSE?

2 BASIL CLOSE is located in EARLEY, in the RG6 postcode district. The below map shows the position of No. 2 on BASIL CLOSE.