2, COLSTON CLOSE, CALCOT, READING, RG31 7EQ - £235,000

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 COLSTON CLOSE is a very small terraced house of 40m², built sometime between 1983 and 1990, which could now be worth an estimated £248,545. It was last sold for £235,000 in June 2022, which was around 25% below the average June 2022 terraced price in the West Berkshire local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

2 COLSTON CLOSE Sold Prices

Land registry data shows four sales for 2 COLSTON CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the West Berkshire local authority area for the corresponding sale date. All of the four 2 COLSTON CLOSE sales were for below 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
2022 20 JUN	£235,000	£314,364	25% below HPI
2016 31 MAY	£190,000	£260,229	27% below HPI
1997 12 DEC	£56,500	£72,875	22% below HPI
1995 24 APR	£45,750	£59,090	23% below HPI

2 COLSTON CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the West Berkshire local authority area over time, sourced from the HPI. The four 2 COLSTON CLOSE sales between April 1995 and June 2022 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 May 2016 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the June 2022 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 2 COLSTON CLOSE be worth now?

2 COLSTON CLOSE might now be worth an estimated £248,545.

This is based on house price inflation of 5.8%, between June 2022 and May 2026, for terraced houses, in the West Berkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.8% inflationary increase is applied to the most recent sale price for 2 COLSTON CLOSE of £235,000 on 20th June 2022. For the value to have increased from £235,000 to £248,545 over the four years and one month to May 2026, the following assumptions must hold true:

• The value of 2 COLSTON CLOSE has moved in line with the HPI for terraced houses in the West Berkshire local authority area.
• The June 2022 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 2 COLSTON CLOSE has not materially changed since June 2022.

How Large is 2 COLSTON CLOSE?

2 COLSTON CLOSE is 40m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 10% of terraced houses houses in Reading, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Reading, and where 2 COLSTON CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 2 COLSTON CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Reading.

2 COLSTON CLOSE: Plot and Title Map

2 COLSTON CLOSE sits on a plot of roughly 0.018 of an acre, or 71m². The below map shows the location of 2 COLSTON 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 2 COLSTON 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 2 COLSTON CLOSE?

2 COLSTON CLOSE is located in CALCOT, in the RG31 postcode district. The below map shows the position of No. 2 on COLSTON CLOSE.