3, WHEATLEY CLOSE, READING, RG2 8LP - £168,000

3 WHEATLEY CLOSE is a very small extended detached house of 81m², built sometime between 1967 and 1975. It was last sold for £168,000 in March 2002, which was around 43% below the average March 2002 detached price in the Reading local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

3 WHEATLEY CLOSE Sold Prices

Land registry data shows two sales for 3 WHEATLEY 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 WHEATLEY 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
2002 8 MAR	£168,000	£293,793	43% below HPI
1999 27 AUG	£119,950	£195,018	38% below HPI

3 WHEATLEY 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 WHEATLEY CLOSE sales from August 1999 and March 2002 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 August 1999 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the March 2002 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 3 WHEATLEY CLOSE?

3 WHEATLEY CLOSE is 81m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the smallest 20% 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 WHEATLEY CLOSE lies on this distribution: 12% of detached houses are smaller than 3 WHEATLEY CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Reading.

3 WHEATLEY CLOSE: Plot and Title Map

3 WHEATLEY CLOSE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 3 WHEATLEY 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 WHEATLEY 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 WHEATLEY CLOSE?

3 WHEATLEY CLOSE is located in READING, in the RG2 postcode district. The below map shows the position of No. 3 on WHEATLEY CLOSE.