12, ILIFFE CLOSE, READING, RG1 2QE - £462,000

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.

12 ILIFFE CLOSE is a very large extended flat of 132m², built sometime between 2003 and 2006, which could now be worth an estimated £452,504. It was last sold for £462,000 in September 2023, which was around 101% above the average September 2023 flat price in the Reading local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

12 ILIFFE CLOSE Sold Prices

Land registry data shows four sales for 12 ILIFFE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Reading local authority area for the corresponding sale date. All of the four 12 ILIFFE 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
2023 25 SEP	£462,000	£230,035	101% above HPI
2009 6 AUG	£300,000	£141,562	112% above HPI
2007 18 DEC	£400,000	£172,533	132% above HPI
2004 12 NOV	£319,950	£145,430	120% above HPI

What might 12 ILIFFE CLOSE be worth now?

12 ILIFFE CLOSE might now be worth an estimated £452,504.

This is based on house price deflation of 2.1%, between September 2023 and May 2026, for flats, in the Reading local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.1% deflationary decrease is applied to the most recent sale price for 12 ILIFFE CLOSE of £462,000 on 25th September 2023. For the value to have decreased from £462,000 to £452,504 over the three years and four months to May 2026, the following assumptions must hold true:

• The value of 12 ILIFFE CLOSE has moved in line with the HPI for flats in the Reading local authority area.
• The September 2023 sale price of £462,000 represented a fair market value for the property.
• The size, condition, and specification of 12 ILIFFE CLOSE has not materially changed since September 2023.

How Large is 12 ILIFFE CLOSE?

12 ILIFFE CLOSE is 132m², which includes two extensions, according to the EPC inspection conducted in May 2019. This puts it in the largest 10% of flats in Reading, based on EPC data. 99% of flats are smaller than 12 ILIFFE CLOSE, and 1% of flats are larger. Note that EPC data is not available for all properties in Reading.

12 ILIFFE CLOSE: Plot

12 ILIFFE CLOSE sits on a plot of roughly 0.034 of an acre, or 137m².

Where is 12 ILIFFE CLOSE?

12 ILIFFE CLOSE is located in READING, in the RG1 postcode district.