2, HORNBEAM CLOSE, PURLEY ON THAMES, READING, RG8 8BZ - £365,000

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 HORNBEAM CLOSE is a very small detached house of 84m², built sometime between 1967 and 1975, which could now be worth an estimated £501,297. It was last sold for £365,000 in July 2015, which was around 28% below the average July 2015 detached price in the West Berkshire local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was B.

2 HORNBEAM CLOSE Sold Prices

Land registry data shows two sales for 2 HORNBEAM CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. Both of the two 2 HORNBEAM 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
2015 31 JUL	£365,000	£506,346	28% below HPI
2000 9 JUN	£173,500	£245,354	29% below HPI

2 HORNBEAM CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Berkshire local authority area over time, sourced from the HPI. The two 2 HORNBEAM CLOSE sales from June 2000 and July 2015 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 June 2000 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the July 2015 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 2 HORNBEAM CLOSE be worth now?

2 HORNBEAM CLOSE might now be worth an estimated £501,297.

This is based on house price inflation of 37.3%, between July 2015 and July 2025, for detached 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 37.3% inflationary increase is applied to the most recent sale price for 2 HORNBEAM CLOSE of £365,000 on 31st July 2015. For the value to have increased from £365,000 to £501,297 over the ten years to July 2025, the following assumptions must hold true:

• The value of 2 HORNBEAM CLOSE has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The July 2015 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HORNBEAM CLOSE has not materially changed since July 2015.

How Large is 2 HORNBEAM CLOSE?

2 HORNBEAM CLOSE is 84m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 20% of detached houses houses in Reading, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reading, and where 2 HORNBEAM CLOSE lies on this distribution: 14% of detached houses houses are smaller than 2 HORNBEAM CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Reading.

2 HORNBEAM CLOSE: Plot and Title Map

2 HORNBEAM CLOSE sits on a plot of roughly 0.126 of an acre, or 508m². The below map shows the location of 2 HORNBEAM 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 HORNBEAM 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 HORNBEAM CLOSE?

2 HORNBEAM CLOSE is located in PURLEY ON THAMES, in the RG8 postcode district. The below map shows the position of No. 2 on HORNBEAM CLOSE.