4, READ CLOSE, THAMES DITTON, KT7 0BN - £1,260,000

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.

4 READ CLOSE is a very large detached house of 276m², built sometime between 1996 and 2002, which could now be worth an estimated £2,721,728. It was last sold for £1,260,000 in February 2009, which was around 79% above the average February 2009 detached price in the Elmbridge local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

4 READ CLOSE Sold Prices

Land registry data shows two sales for 4 READ 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 Elmbridge local authority area for the corresponding sale date. Both of the two 4 READ 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
2009 27 FEB	£1,260,000	£702,342	79% above HPI
1999 27 AUG	£650,000	£398,663	63% above HPI

4 READ CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Elmbridge local authority area over time, sourced from the HPI. The two 4 READ CLOSE sales from August 1999 and February 2009 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 August 1999 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the February 2009 sale, where it rises to 79% above the HPI. The line then continues to track at 79% above the HPI.

What might 4 READ CLOSE be worth now?

4 READ CLOSE might now be worth an estimated £2,721,728.

This is based on house price inflation of 116%, between February 2009 and March 2025, for detached houses, in the Elmbridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 116% inflationary increase is applied to the most recent sale price for 4 READ CLOSE of £1,260,000 on 27th February 2009. For the value to have increased from £1,260,000 to £2,721,728 over the fifteen years and eleven months to March 2025, the following assumptions must hold true:

• The value of 4 READ CLOSE has moved in line with the HPI for detached houses in the Elmbridge local authority area.
• The February 2009 sale price of £1,260,000 represented a fair market value for the property.
• The size, condition, and specification of 4 READ CLOSE has not materially changed since February 2009.

How Large is 4 READ CLOSE?

4 READ CLOSE is 276m² according to the EPC inspection conducted in October 2008. This puts it in the largest 10% of detached houses houses in Thames Ditton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thames Ditton, and where 4 READ CLOSE lies on this distribution: 95% of detached houses houses are smaller than 4 READ CLOSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Thames Ditton.

4 READ CLOSE: Plot and Title Map

4 READ CLOSE sits on a plot of roughly 0.184 of an acre, or 745m². The below map shows the location of 4 READ 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 READ 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 READ CLOSE?

4 READ CLOSE is located in THAMES DITTON, in the KT7 postcode district. The below map shows the position of No. 4 on READ CLOSE.