6, BASIL CLOSE, EARLEY, READING, RG6 5GL - £550,000

6 BASIL CLOSE is a small detached house of 96m², built sometime between 1983 and 1990. It was last sold for £550,000 in February 2023, which was around 31% below the average February 2023 detached price in the Wokingham local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

6 BASIL CLOSE Sold Prices

Land registry data shows three sales for 6 BASIL 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 6 BASIL 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
2023 24 FEB	£550,000	£792,584	31% below HPI
2001 21 MAY	£209,950	£264,140	21% below HPI
1996 16 APR	£98,500	£132,283	26% below HPI

6 BASIL 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 6 BASIL CLOSE sales between April 1996 and February 2023 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 May 2001 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2023 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 6 BASIL CLOSE?

6 BASIL CLOSE is 96m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 30% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 6 BASIL CLOSE lies on this distribution: 25% of detached houses are smaller than 6 BASIL CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Reading.

6 BASIL CLOSE: Plot and Title Map

6 BASIL CLOSE sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 6 BASIL 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 6 BASIL 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 6 BASIL CLOSE?

6 BASIL CLOSE is located in EARLEY, in the RG6 postcode district. The below map shows the position of No. 6 on BASIL CLOSE.