25, DEVITT CLOSE, READING, RG2 8EF - £277,000

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.

25 DEVITT CLOSE is a very small terraced house of 71m², built sometime between 1976 and 1982, which could now be worth an estimated £334,738. It was last sold for £277,000 in September 2019, which was around 8% below the average September 2019 terraced price in the Wokingham local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

25 DEVITT CLOSE Sold Prices

Land registry data shows two sales for 25 DEVITT CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Wokingham local authority area for the corresponding sale date. One of the two 25 DEVITT CLOSE sales was for below the average price, whilst the other was roughly equal to 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 13 SEP	£277,000	£301,641	8% below HPI
2003 17 NOV	£160,000	£159,616	Close to HPI

25 DEVITT CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Wokingham local authority area over time, sourced from the HPI. The two 25 DEVITT CLOSE sales from November 2003 and September 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 November 2003 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the September 2019 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 25 DEVITT CLOSE be worth now?

25 DEVITT CLOSE might now be worth an estimated £334,738.

This is based on house price inflation of 20.8%, between September 2019 and April 2026, for terraced 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 20.8% inflationary increase is applied to the most recent sale price for 25 DEVITT CLOSE of £277,000 on 13th September 2019. For the value to have increased from £277,000 to £334,738 over the seven years and five months to April 2026, the following assumptions must hold true:

• The value of 25 DEVITT CLOSE has moved in line with the HPI for terraced houses in the Wokingham local authority area.
• The September 2019 sale price of £277,000 represented a fair market value for the property.
• The size, condition, and specification of 25 DEVITT CLOSE has not materially changed since September 2019.

How Large is 25 DEVITT CLOSE?

25 DEVITT CLOSE is 71m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% of terraced houses houses in Reading, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Reading, and where 25 DEVITT CLOSE lies on this distribution: 6% of terraced houses houses are smaller than 25 DEVITT CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Reading.

25 DEVITT CLOSE: Plot and Title Map

25 DEVITT CLOSE sits on a plot of roughly 0.038 of an acre, or 152m². The below map shows the location of 25 DEVITT 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 25 DEVITT 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 25 DEVITT CLOSE?

25 DEVITT CLOSE is located in READING, in the RG2 postcode district. The below map shows the position of No. 25 on DEVITT CLOSE.