3, BASIL CLOSE, EARLEY, READING, RG6 5GL - £332,000

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.

3 BASIL CLOSE is a small detached house of 108m², built sometime between 1996 and 2002, which could now be worth an estimated £590,032. It was last sold for £332,000 in August 2011, which was around 23% below the average August 2011 detached price in the Wokingham local authority area. The most recent EPC inspection was September 2009, where the current energy rating was C, and the potential energy rating was C.

3 BASIL CLOSE Sold Prices

Land registry data shows one sale for 3 BASIL 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 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
2011 8 AUG	£332,000	£431,284	23% below HPI

What might 3 BASIL CLOSE be worth now?

3 BASIL CLOSE might now be worth an estimated £590,032.

This is based on house price inflation of 77.7%, between August 2011 and May 2026, for detached 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 77.7% inflationary increase is applied to the most recent sale price for 3 BASIL CLOSE of £332,000 on 8th August 2011. For the value to have increased from £332,000 to £590,032 over the fifteen years and three months to May 2026, the following assumptions must hold true:

• The value of 3 BASIL CLOSE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The August 2011 sale price of £332,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BASIL CLOSE has not materially changed since August 2011.

How Large is 3 BASIL CLOSE?

3 BASIL CLOSE is 108m² according to the EPC inspection conducted in September 2009. This puts it in the smallest 40% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 3 BASIL CLOSE lies on this distribution: 37% of detached houses are smaller than 3 BASIL CLOSE, and 63% of detached houses are larger. Note that EPC data is not available for all properties in Reading.

3 BASIL CLOSE: Plot

3 BASIL CLOSE sits on a plot of roughly 0.088 of an acre, or 356m².

Where is 3 BASIL CLOSE?

3 BASIL CLOSE is located in EARLEY, in the RG6 postcode district.