3, WELLAND CLOSE, TILEHURST, READING, RG31 5NP - £274,950

3 WELLAND CLOSE is a midsized detached house of 121m², built sometime between 1967 and 1975. It was last sold for £274,950 in February 2010, which was around 27% below the average February 2010 detached price in the Reading local authority area. The most recent EPC inspection was November 2009, where the current energy rating was D, and the potential energy rating was C.

3 WELLAND CLOSE Sold Prices

Land registry data shows two sales for 3 WELLAND 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 Reading local authority area for the corresponding sale date. Both of the two 3 WELLAND 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
2010 26 FEB	£274,950	£374,406	27% below HPI
1995 24 MAR	£87,750	£118,838	26% below HPI

3 WELLAND CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Reading local authority area over time, sourced from the HPI. The two 3 WELLAND CLOSE sales from March 1995 and February 2010 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 1995 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the February 2010 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 3 WELLAND CLOSE?

3 WELLAND CLOSE is 121m² according to the EPC inspection conducted in November 2009. This puts it in the largest 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 3 WELLAND CLOSE lies on this distribution: 53% of detached houses are smaller than 3 WELLAND CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Reading.

3 WELLAND CLOSE: Plot and Title Map

3 WELLAND CLOSE sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 3 WELLAND 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 WELLAND 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 WELLAND CLOSE?

3 WELLAND CLOSE is located in TILEHURST, in the RG31 postcode district. The below map shows the position of No. 3 on WELLAND CLOSE.