32, CARDINAL CLOSE, CAVERSHAM, READING, RG4 8BZ - £457,500

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.

32 CARDINAL CLOSE is a very small extended terraced house of 91m², built sometime between 1976 and 1982, which could now be worth an estimated £547,298. It was last sold for £457,500 in May 2016, which was around 55% above the average May 2016 terraced price in the Reading local authority area. The most recent EPC inspection was December 2008, where the current energy rating was F, and the potential energy rating was D.

32 CARDINAL CLOSE Sold Prices

Land registry data shows two sales for 32 CARDINAL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Reading local authority area for the corresponding sale date. Both of the two 32 CARDINAL 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
2016 6 MAY	£457,500	£294,973	55% above HPI
2009 7 APR	£240,000	£172,019	40% above HPI

32 CARDINAL CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Reading local authority area over time, sourced from the HPI. The two 32 CARDINAL CLOSE sales from April 2009 and May 2016 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 April 2009 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the May 2016 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

What might 32 CARDINAL CLOSE be worth now?

32 CARDINAL CLOSE might now be worth an estimated £547,298.

This is based on house price inflation of 19.6%, between May 2016 and May 2026, for terraced houses, in the Reading local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.6% inflationary increase is applied to the most recent sale price for 32 CARDINAL CLOSE of £457,500 on 6th May 2016. For the value to have increased from £457,500 to £547,298 over the ten years to May 2026, the following assumptions must hold true:

• The value of 32 CARDINAL CLOSE has moved in line with the HPI for terraced houses in the Reading local authority area.
• The May 2016 sale price of £457,500 represented a fair market value for the property.
• The size, condition, and specification of 32 CARDINAL CLOSE has not materially changed since May 2016.

How Large is 32 CARDINAL CLOSE?

32 CARDINAL CLOSE is 91m², which includes one extension, according to the EPC inspection conducted in December 2008. This puts it in the smallest 20% of terraced houses houses in Caversham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Caversham, and where 32 CARDINAL CLOSE lies on this distribution: 11% of terraced houses houses are smaller than 32 CARDINAL CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Caversham.

32 CARDINAL CLOSE: Plot and Title Map

32 CARDINAL CLOSE sits on a plot of roughly 0.045 of an acre, or 181m². The below map shows the location of 32 CARDINAL 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 32 CARDINAL 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 32 CARDINAL CLOSE?

32 CARDINAL CLOSE is located in CAVERSHAM, in the RG4 postcode district. The below map shows the position of No. 32 on CARDINAL CLOSE.