7, MALVERN CLOSE, WOODLEY, READING, RG5 4HL - £475,000

7 MALVERN CLOSE is a midsized extended semi-detached house of 108m², built sometime between 1967 and 1975. It was last sold for £475,000 in June 2021, which was around 26% below the average June 2021 detached price in the Wokingham local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

7 MALVERN CLOSE Sold Prices

Land registry data shows three sales for 7 MALVERN 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 MALVERN 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
2021 24 JUN	£475,000	£641,453	26% below HPI
2010 5 NOV	£278,000	£414,839	33% below HPI
2005 19 APR	£235,000	£347,040	32% below HPI

7 MALVERN 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 MALVERN CLOSE sales between April 2005 and June 2021 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 November 2010 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2021 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 7 MALVERN CLOSE?

7 MALVERN CLOSE is 108m², which includes two extensions, according to the EPC inspection conducted in September 2020. This puts it in the smallest 50% of detached houses in Woodley, based on EPC data. The below chart shows the distribution of detached houses by size in Woodley, and where 7 MALVERN CLOSE lies on this distribution: 41% of detached houses are smaller than 7 MALVERN CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Woodley.

7 MALVERN CLOSE: Plot and Title Map

7 MALVERN CLOSE sits on a plot of roughly 0.082 of an acre, or 334m². The below map shows the location of 7 MALVERN 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 MALVERN 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 MALVERN CLOSE?

7 MALVERN CLOSE is located in WOODLEY, in the RG5 postcode district. The below map shows the position of No. 7 on MALVERN CLOSE.