48, JAY CLOSE, LOWER EARLEY, READING, RG6 4HE - £346,000

48 JAY CLOSE is a small detached house of 106m², built sometime between 1991 and 1995. It was last sold for £346,000 in February 2012, which was around 16% below the average February 2012 detached price in the Wokingham local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was C.

48 JAY CLOSE Sold Prices

Land registry data shows five sales for 48 JAY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the five 48 JAY 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
2012 29 FEB	£346,000	£409,863	16% below HPI
2007 6 SEP	£394,950	£425,225	7% below HPI
2001 9 APR	£230,000	£261,791	12% below HPI
1998 30 NOV	£175,000	£191,139	8% below HPI
1995 3 NOV	£123,000	£131,848	7% below HPI

48 JAY 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 five 48 JAY CLOSE sales between November 1995 and February 2012 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 2007 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2012 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 48 JAY CLOSE?

48 JAY CLOSE is 106m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 40% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 48 JAY CLOSE lies on this distribution: 36% of detached houses are smaller than 48 JAY CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Reading.

48 JAY CLOSE: Plot and Title Map

48 JAY CLOSE sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of 48 JAY 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 48 JAY 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 48 JAY CLOSE?

48 JAY CLOSE is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 48 on JAY CLOSE.