45, KENSINGTON CLOSE, LOWER EARLEY, READING, RG6 4EY - £490,000

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.

45 KENSINGTON CLOSE is a midsized extended detached house of 114m², built sometime between 1991 and 1995, which could now be worth an estimated £603,419. It was last sold for £490,000 in July 2019, which was around 22% below the average July 2019 detached price in the Wokingham local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was B.

45 KENSINGTON CLOSE Sold Prices

Land registry data shows three sales for 45 KENSINGTON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the three 45 KENSINGTON 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
2019 29 JUL	£490,000	£627,318	22% below HPI
2009 11 SEP	£302,500	£397,588	24% below HPI
1998 8 OCT	£139,950	£192,847	27% below HPI

45 KENSINGTON CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wokingham local authority area over time, sourced from the HPI. The three 45 KENSINGTON CLOSE sales between October 1998 and July 2019 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 September 2009 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2019 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 45 KENSINGTON CLOSE be worth now?

45 KENSINGTON CLOSE might now be worth an estimated £603,419.

This is based on house price inflation of 23.1%, between July 2019 and July 2025, 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 23.1% inflationary increase is applied to the most recent sale price for 45 KENSINGTON CLOSE of £490,000 on 29th July 2019. For the value to have increased from £490,000 to £603,419 over the six years to July 2025, the following assumptions must hold true:

• The value of 45 KENSINGTON CLOSE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The July 2019 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of 45 KENSINGTON CLOSE has not materially changed since July 2019.

How Large is 45 KENSINGTON CLOSE?

45 KENSINGTON CLOSE is 114m², which includes two extensions, according to the EPC inspection conducted in December 2018. This puts it in the smallest 50% of detached houses houses in Reading, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reading, and where 45 KENSINGTON CLOSE lies on this distribution: 44% of detached houses houses are smaller than 45 KENSINGTON CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Reading.

45 KENSINGTON CLOSE: Plot and Title Map

45 KENSINGTON CLOSE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 45 KENSINGTON 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 45 KENSINGTON 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 45 KENSINGTON CLOSE?

45 KENSINGTON CLOSE is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 45 on KENSINGTON CLOSE.