2, ELVEDEN CLOSE, LOWER EARLEY, READING, RG6 3AX - £422,500

2 ELVEDEN CLOSE is a small detached house of 100m², built sometime between 1983 and 1990. It was last sold for £422,500 in August 2018, which was around 33% below the average August 2018 detached price in the Wokingham local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was C.

2 ELVEDEN CLOSE Sold Prices

Land registry data shows two sales for 2 ELVEDEN 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 ELVEDEN 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
2018 14 AUG	£422,500	£626,718	33% below HPI
2018 31 MAY	£440,000	£613,950	28% below HPI

2 ELVEDEN 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 ELVEDEN CLOSE sales from May 2018 and August 2018 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 May 2018 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2018 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 2 ELVEDEN CLOSE?

2 ELVEDEN CLOSE is 100m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 30% 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 ELVEDEN CLOSE lies on this distribution: 29% of detached houses are smaller than 2 ELVEDEN CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Reading.

2 ELVEDEN CLOSE: Plot and Title Map

2 ELVEDEN CLOSE sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 2 ELVEDEN 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 ELVEDEN 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 ELVEDEN CLOSE?

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