14, WHEATLEY CLOSE, READING, RG2 8LP - £223,000

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.

14 WHEATLEY CLOSE is a small extended detached house of 96m², built sometime between 1967 and 1975, which could now be worth an estimated £476,756. It was last sold for £223,000 in May 2004, which was around 33% below the average May 2004 detached price in the Reading local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

14 WHEATLEY CLOSE Sold Prices

Land registry data shows one sale for 14 WHEATLEY CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Reading local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2004 28 MAY	£223,000	£335,097	33% below HPI

What might 14 WHEATLEY CLOSE be worth now?

14 WHEATLEY CLOSE might now be worth an estimated £476,756.

This is based on house price inflation of 113.8%, between May 2004 and May 2026, for detached houses, in the Reading local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 113.8% inflationary increase is applied to the most recent sale price for 14 WHEATLEY CLOSE of £223,000 on 28th May 2004. For the value to have increased from £223,000 to £476,756 over the 22 years to May 2026, the following assumptions must hold true:

• The value of 14 WHEATLEY CLOSE has moved in line with the HPI for detached houses in the Reading local authority area.
• The May 2004 sale price of £223,000 represented a fair market value for the property.
• The size, condition, and specification of 14 WHEATLEY CLOSE has not materially changed since May 2004.

How Large is 14 WHEATLEY CLOSE?

14 WHEATLEY CLOSE is 96m², which includes one extension, according to the EPC inspection conducted in September 2017. 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 14 WHEATLEY CLOSE lies on this distribution: 24% of detached houses are smaller than 14 WHEATLEY CLOSE, and 75% of detached houses are larger. Note that EPC data is not available for all properties in Reading.

14 WHEATLEY CLOSE: Plot

14 WHEATLEY CLOSE sits on a plot of roughly 0.096 of an acre, or 387m².

Where is 14 WHEATLEY CLOSE?

14 WHEATLEY CLOSE is located in READING, in the RG2 postcode district.