3, NEWMARKET CLOSE, LOWER EARLEY, READING, RG6 3AU - £280,000

3 NEWMARKET CLOSE is a very small extended detached house of 64m², built sometime between 1983 and 1990. It was last sold for £280,000 in August 2011, which was around 33% below the average August 2011 detached price in the Wokingham local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was D.

3 NEWMARKET CLOSE Sold Prices

Land registry data shows two sales for 3 NEWMARKET 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 3 NEWMARKET 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
2011 22 AUG	£280,000	£418,286	33% below HPI
1997 9 SEP	£119,500	£163,160	27% below HPI

3 NEWMARKET 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 3 NEWMARKET CLOSE sales from September 1997 and August 2011 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 September 1997 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2011 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 3 NEWMARKET CLOSE?

3 NEWMARKET CLOSE is 64m², which includes one extension, according to the EPC inspection conducted in January 2011. This puts it in the smallest 10% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 3 NEWMARKET CLOSE lies on this distribution: 4% of detached houses are smaller than 3 NEWMARKET CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Reading.

3 NEWMARKET CLOSE: Plot and Title Map

3 NEWMARKET CLOSE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 3 NEWMARKET 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 3 NEWMARKET 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 3 NEWMARKET CLOSE?

3 NEWMARKET CLOSE is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 3 on NEWMARKET CLOSE.