3, KNOWLE CLOSE, CAVERSHAM, READING, RG4 7LH - £450,000

3 KNOWLE CLOSE is a midsized extended detached house of 121m², built sometime between 1950 and 1966. It was last sold for £450,000 in March 2012, which was around 14% above the average March 2012 detached price in the Reading local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was D.

3 KNOWLE CLOSE Sold Prices

Land registry data shows two sales for 3 KNOWLE 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 Reading local authority area for the corresponding sale date. Both of the two 3 KNOWLE 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
2012 7 MAR	£450,000	£393,603	14% above HPI
2003 6 OCT	£355,000	£320,073	11% above HPI

3 KNOWLE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Reading local authority area over time, sourced from the HPI. The two 3 KNOWLE CLOSE sales from October 2003 and March 2012 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 October 2003 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the March 2012 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 3 KNOWLE CLOSE?

3 KNOWLE CLOSE is 121m², which includes one extension, according to the EPC inspection conducted in July 2010. This puts it in the smallest 50% of detached houses in Caversham, based on EPC data. The below chart shows the distribution of detached houses by size in Caversham, and where 3 KNOWLE CLOSE lies on this distribution: 40% of detached houses are smaller than 3 KNOWLE CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Caversham.

3 KNOWLE CLOSE: Plot and Title Map

3 KNOWLE CLOSE sits on a plot of roughly 0.302 of an acre, or 1,223m². The below map shows the location of 3 KNOWLE 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 3 KNOWLE 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 3 KNOWLE CLOSE?

3 KNOWLE CLOSE is located in CAVERSHAM, in the RG4 postcode district. The below map shows the position of No. 3 on KNOWLE CLOSE.