4, PENN CLOSE, EMMER GREEN, READING, RG4 8QG - £604,000

4 PENN CLOSE is a midsized extended detached house of 135m², built sometime between 1950 and 1966. It was last sold for £604,000 in August 2015, which was around 14% above the average August 2015 detached price in the Reading local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

4 PENN CLOSE Sold Prices

Land registry data shows two sales for 4 PENN 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 4 PENN 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
2015 25 AUG	£604,000	£528,203	14% above HPI
2002 31 JAN	£290,000	£285,494	2% above HPI

4 PENN 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 PENN CLOSE sales from January 2002 and August 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 January 2002 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the August 2015 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 4 PENN CLOSE?

4 PENN CLOSE is 135m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the largest 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 4 PENN CLOSE lies on this distribution: 51% of detached houses are smaller than 4 PENN CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Caversham.

4 PENN CLOSE: Plot and Title Map

4 PENN CLOSE sits on a plot of roughly 0.166 of an acre, or 671m². The below map shows the location of 4 PENN 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 PENN 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 PENN CLOSE?

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