4, SHARPTHORPE CLOSE, LOWER EARLEY, READING, RG6 4DB - £115,000

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 SHARPTHORPE CLOSE is a very small flat of 38m², built sometime between 1976 and 1982, which could now be worth an estimated £169,649. It was last sold for £115,000 in November 2011, which was around 30% below the average November 2011 flat price in the Wokingham local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was C.

4 SHARPTHORPE CLOSE Sold Prices

Land registry data shows three sales for 4 SHARPTHORPE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Wokingham local authority area for the corresponding sale date. All of the three 4 SHARPTHORPE 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 18 NOV	£115,000	£163,630	30% below HPI
1997 11 APR	£47,950	£60,542	21% below HPI
1996 9 SEP	£45,000	£54,753	18% below HPI

What might 4 SHARPTHORPE CLOSE be worth now?

4 SHARPTHORPE CLOSE might now be worth an estimated £169,649.

This is based on house price inflation of 47.5%, between November 2011 and April 2026, for flats, in the Wokingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 47.5% inflationary increase is applied to the most recent sale price for 4 SHARPTHORPE CLOSE of £115,000 on 18th November 2011. For the value to have increased from £115,000 to £169,649 over the fifteen years and seven months to April 2026, the following assumptions must hold true:

• The value of 4 SHARPTHORPE CLOSE has moved in line with the HPI for flats in the Wokingham local authority area.
• The November 2011 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SHARPTHORPE CLOSE has not materially changed since November 2011.

How Large is 4 SHARPTHORPE CLOSE?

4 SHARPTHORPE CLOSE is 38m² according to the EPC inspection conducted in November 2023. This puts it in the smallest 20% of flats in Reading, based on EPC data. 10% of flats are smaller than 4 SHARPTHORPE CLOSE, and 89% of flats are larger. Note that EPC data is not available for all properties in Reading.

4 SHARPTHORPE CLOSE: Plot

4 SHARPTHORPE CLOSE sits on a plot of roughly 0.136 of an acre, or 550m².

Where is 4 SHARPTHORPE CLOSE?

4 SHARPTHORPE CLOSE is located in LOWER EARLEY, in the RG6 postcode district.