5, NORTHAM CLOSE, LOWER EARLEY, READING, RG6 3AJ - £423,900

5 NORTHAM CLOSE is a very small detached house of 58m², built sometime between 1976 and 1982. It was last sold for £423,900 in January 2022, which was around 42% below the average January 2022 detached price in the Wokingham local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

5 NORTHAM CLOSE Sold Prices

Land registry data shows three sales for 5 NORTHAM 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 5 NORTHAM 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 19 JAN	£423,900	£730,013	42% below HPI
2009 30 JUL	£250,000	£372,363	33% below HPI
2005 15 DEC	£225,000	£355,922	37% below HPI

5 NORTHAM 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 5 NORTHAM CLOSE sales between December 2005 and January 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 July 2009 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the January 2022 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 5 NORTHAM CLOSE?

5 NORTHAM CLOSE is 58m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 10% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 5 NORTHAM CLOSE lies on this distribution: 2% of detached houses are smaller than 5 NORTHAM CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Reading.

5 NORTHAM CLOSE: Plot and Title Map

5 NORTHAM CLOSE sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 5 NORTHAM 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 5 NORTHAM 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 5 NORTHAM CLOSE?

5 NORTHAM CLOSE is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 5 on NORTHAM CLOSE.