7, MACE CLOSE, EARLEY, READING, RG6 7XX - £420,000

7 MACE CLOSE is a very small detached house of 81m², built sometime between 1976 and 1982. It was last sold for £420,000 in December 2019, which was around 33% below the average December 2019 detached price in the Wokingham local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

7 MACE CLOSE Sold Prices

Land registry data shows three sales for 7 MACE 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 7 MACE 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 6 DEC	£420,000	£624,518	33% below HPI
2015 20 JAN	£340,000	£517,205	34% below HPI
2000 23 JUN	£182,000	£257,672	29% below HPI

7 MACE 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 7 MACE CLOSE sales between June 2000 and December 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 January 2015 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the December 2019 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 7 MACE CLOSE?

7 MACE CLOSE is 81m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 20% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 7 MACE CLOSE lies on this distribution: 12% of detached houses are smaller than 7 MACE CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Reading.

7 MACE CLOSE: Plot and Title Map

7 MACE CLOSE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 7 MACE 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 7 MACE 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 7 MACE CLOSE?

7 MACE CLOSE is located in EARLEY, in the RG6 postcode district. The below map shows the position of No. 7 on MACE CLOSE.