8, HOWELL CLOSE, ARBORFIELD, READING, RG2 9QN - £365,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 HOWELL CLOSE is a very small terraced house of 72m², built sometime between 1996 and 2002, which could now be worth an estimated £429,753. It was last sold for £365,000 in May 2021, which was around 14% above the average May 2021 terraced 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.

8 HOWELL CLOSE Sold Prices

Land registry data shows five sales for 8 HOWELL CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Wokingham local authority area for the corresponding sale date. All of the five 8 HOWELL CLOSE sales were for above 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 21 MAY	£365,000	£318,953	14% above HPI
2010 8 OCT	£244,000	£207,537	18% above HPI
2006 24 NOV	£247,950	£197,373	26% above HPI
2002 31 OCT	£195,000	£150,236	30% above HPI
2001 29 NOV	£177,500	£133,685	33% above HPI

8 HOWELL CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Wokingham local authority area over time, sourced from the HPI. The five 8 HOWELL CLOSE sales between November 2001 and May 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 October 2010 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the May 2021 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 8 HOWELL CLOSE be worth now?

8 HOWELL CLOSE might now be worth an estimated £429,753.

This is based on house price inflation of 17.7%, between May 2021 and June 2025, for terraced houses, in the Wokingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.7% inflationary increase is applied to the most recent sale price for 8 HOWELL CLOSE of £365,000 on 21st May 2021. For the value to have increased from £365,000 to £429,753 over the three years and eleven months to June 2025, the following assumptions must hold true:

• The value of 8 HOWELL CLOSE has moved in line with the HPI for terraced houses in the Wokingham local authority area.
• The May 2021 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 8 HOWELL CLOSE has not materially changed since May 2021.

How Large is 8 HOWELL CLOSE?

8 HOWELL CLOSE is 72m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% of terraced houses houses in Arborfield Garrison, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Arborfield Garrison, and where 8 HOWELL CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 8 HOWELL CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Arborfield Garrison.

8 HOWELL CLOSE: Plot and Title Map

8 HOWELL CLOSE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 8 HOWELL 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 8 HOWELL 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 8 HOWELL CLOSE?

8 HOWELL CLOSE is located in ARBORFIELD, in the RG2 postcode district. The below map shows the position of No. 8 on HOWELL CLOSE.