2, LOWESTOFT CLOSE, LOWER EARLEY, READING, RG6 3UG - £225,000

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.

2 LOWESTOFT CLOSE is a large extended terraced house of 88m², built sometime between 1983 and 1990, which could now be worth an estimated £451,331. It was last sold for £225,000 in November 2005, which was around 21% above the average November 2005 terraced price in the Wokingham local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

2 LOWESTOFT CLOSE Sold Prices

Land registry data shows one sale for 2 LOWESTOFT CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Wokingham 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
2005 1 NOV	£225,000	£185,382	21% above HPI

What might 2 LOWESTOFT CLOSE be worth now?

2 LOWESTOFT CLOSE might now be worth an estimated £451,331.

This is based on house price inflation of 100.6%, between November 2005 and May 2026, 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 100.6% inflationary increase is applied to the most recent sale price for 2 LOWESTOFT CLOSE of £225,000 on 1st November 2005. For the value to have increased from £225,000 to £451,331 over the 21 years and six months to May 2026, the following assumptions must hold true:

• The value of 2 LOWESTOFT CLOSE has moved in line with the HPI for terraced houses in the Wokingham local authority area.
• The November 2005 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LOWESTOFT CLOSE has not materially changed since November 2005.

How Large is 2 LOWESTOFT CLOSE?

2 LOWESTOFT CLOSE is 88m², which includes three extensions, according to the EPC inspection conducted in August 2022. This puts it in the largest 40% of terraced houses in Reading, based on EPC data. The below chart shows the distribution of terraced houses by size in Reading, and where 2 LOWESTOFT CLOSE lies on this distribution: 68% of terraced houses are smaller than 2 LOWESTOFT CLOSE, and 30% of terraced houses are larger. Note that EPC data is not available for all properties in Reading.

2 LOWESTOFT CLOSE: Plot

2 LOWESTOFT CLOSE sits on a plot of roughly 0.053 of an acre, or 213m².

Where is 2 LOWESTOFT CLOSE?

2 LOWESTOFT CLOSE is located in LOWER EARLEY, in the RG6 postcode district.