4, DEVITT CLOSE, READING, RG2 8EF - £345,000

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.

4 DEVITT CLOSE is a very small extended semi-detached house of 83m², built sometime between 1967 and 1975, which could now be worth an estimated £371,343. It was last sold for £345,000 in March 2022, which was around 24% below the average March 2022 semi-detached price in the Wokingham local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

4 DEVITT CLOSE Sold Prices

Land registry data shows two sales for 4 DEVITT CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Wokingham local authority area for the corresponding sale date. Both of the two 4 DEVITT 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
2022 25 MAR	£345,000	£451,588	24% below HPI
2009 14 DEC	£190,000	£258,476	26% below HPI

4 DEVITT CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wokingham local authority area over time, sourced from the HPI. The two 4 DEVITT CLOSE sales from December 2009 and March 2022 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 December 2009 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the March 2022 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 4 DEVITT CLOSE be worth now?

4 DEVITT CLOSE might now be worth an estimated £371,343.

This is based on house price inflation of 7.6%, between March 2022 and April 2026, for semi-detached 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 7.6% inflationary increase is applied to the most recent sale price for 4 DEVITT CLOSE of £345,000 on 25th March 2022. For the value to have increased from £345,000 to £371,343 over the three years and eleven months to April 2026, the following assumptions must hold true:

• The value of 4 DEVITT CLOSE has moved in line with the HPI for semi-detached houses in the Wokingham local authority area.
• The March 2022 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 4 DEVITT CLOSE has not materially changed since March 2022.

How Large is 4 DEVITT CLOSE?

4 DEVITT CLOSE is 83m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the smallest 20% of semi-detached houses houses in Reading, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Reading, and where 4 DEVITT CLOSE lies on this distribution: 13% of semi-detached houses houses are smaller than 4 DEVITT CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Reading.

4 DEVITT CLOSE: Plot and Title Map

4 DEVITT CLOSE sits on a plot of roughly 0.037 of an acre, or 150m². The below map shows the location of 4 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 4 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 4 DEVITT CLOSE?

4 DEVITT CLOSE is located in READING, in the RG2 postcode district. The below map shows the position of No. 4 on DEVITT CLOSE.