2, MILAM CLOSE, ARBORFIELD, READING, RG2 9FD - £470,000

2 MILAM CLOSE is a very large extended detached house of 169m², built sometime between 1996 and 2002. It was last sold for £470,000 in July 2013, which was around 9% above the average July 2013 detached price in the Wokingham local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was C.

2 MILAM CLOSE Sold Prices

Land registry data shows two sales for 2 MILAM 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 MILAM CLOSE sales were for above 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 25 JUL	£470,000	£432,398	9% above HPI
2003 28 MAR	£405,000	£336,472	20% above HPI

2 MILAM 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 MILAM CLOSE sales from March 2003 and July 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 March 2003 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the July 2013 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 2 MILAM CLOSE?

2 MILAM CLOSE is 169m², which includes three extensions, according to the EPC inspection conducted in March 2013. This puts it in the largest 20% of detached houses in Arborfield Garrison, based on EPC data. The below chart shows the distribution of detached houses by size in Arborfield Garrison, and where 2 MILAM CLOSE lies on this distribution: 87% of detached houses are smaller than 2 MILAM CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Arborfield Garrison.

2 MILAM CLOSE: Plot and Title Map

2 MILAM CLOSE sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 2 MILAM 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 MILAM 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 MILAM CLOSE?

2 MILAM CLOSE is located in ARBORFIELD, in the RG2 postcode district. The below map shows the position of No. 2 on MILAM CLOSE.