4, CHERRY CLOSE, EMMER GREEN, READING, RG4 8UP - £428,000

4 CHERRY CLOSE is a very small detached house of 83m², built sometime between 1967 and 1975. It was last sold for £428,000 in October 2014, which was around 11% below the average October 2014 detached price in the Reading local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was B.

4 CHERRY CLOSE Sold Prices

Land registry data shows two sales for 4 CHERRY 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. One of the two 4 CHERRY CLOSE sales was for below the average price, whilst the other was 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
2014 13 OCT	£428,000	£481,484	11% below HPI
1995 1 DEC	£124,000	£113,010	10% above HPI

4 CHERRY 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 4 CHERRY CLOSE sales from December 1995 and October 2014 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 December 1995 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the October 2014 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 4 CHERRY CLOSE?

4 CHERRY CLOSE is 83m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 10% of detached houses in Caversham, based on EPC data. The below chart shows the distribution of detached houses by size in Caversham, and where 4 CHERRY CLOSE lies on this distribution: 7% of detached houses are smaller than 4 CHERRY CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Caversham.

4 CHERRY CLOSE: Plot and Title Map

4 CHERRY CLOSE sits on a plot of roughly 0.171 of an acre, or 693m². The below map shows the location of 4 CHERRY 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 4 CHERRY 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 4 CHERRY CLOSE?

4 CHERRY CLOSE is located in EMMER GREEN, in the RG4 postcode district. The below map shows the position of No. 4 on CHERRY CLOSE.