4, WRIGHT CLOSE, WOODLEY, READING, RG5 4TY - £453,000

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 WRIGHT CLOSE is a midsized extended detached house of 118m², built sometime between 1976 and 1982, which could now be worth an estimated £590,698. It was last sold for £453,000 in September 2015, which was around 23% below the average September 2015 detached price in the Wokingham local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

4 WRIGHT CLOSE Sold Prices

Land registry data shows one sale for 4 WRIGHT CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Wokingham local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 17 SEP	£453,000	£587,805	23% below HPI

What might 4 WRIGHT CLOSE be worth now?

4 WRIGHT CLOSE might now be worth an estimated £590,698.

This is based on house price inflation of 30.4%, between September 2015 and May 2026, for 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 30.4% inflationary increase is applied to the most recent sale price for 4 WRIGHT CLOSE of £453,000 on 17th September 2015. For the value to have increased from £453,000 to £590,698 over the eleven years and four months to May 2026, the following assumptions must hold true:

• The value of 4 WRIGHT CLOSE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The September 2015 sale price of £453,000 represented a fair market value for the property.
• The size, condition, and specification of 4 WRIGHT CLOSE has not materially changed since September 2015.

How Large is 4 WRIGHT CLOSE?

4 WRIGHT CLOSE is 118m², which includes four extensions, according to the EPC inspection conducted in January 2015. This puts it in the largest 50% of detached houses in Woodley, based on EPC data. The below chart shows the distribution of detached houses by size in Woodley, and where 4 WRIGHT CLOSE lies on this distribution: 50% of detached houses are smaller than 4 WRIGHT CLOSE, and 48% of detached houses are larger. Note that EPC data is not available for all properties in Woodley.

4 WRIGHT CLOSE: Plot

4 WRIGHT CLOSE sits on a plot of roughly 0.100 of an acre, or 405m².

Where is 4 WRIGHT CLOSE?

4 WRIGHT CLOSE is located in WOODLEY, in the RG5 postcode district.