43, ELLESMERE CLOSE, CAVERSHAM, READING, RG4 5HG - £468,000

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.

43 ELLESMERE CLOSE is a very small terraced house of 91m², built sometime between 1967 and 1975, which could now be worth an estimated £551,282. It was last sold for £468,000 in July 2018, which was around 56% above the average July 2018 terraced price in the Reading local authority area. The most recent EPC inspection was November 2009, where the current energy rating was D, and the potential energy rating was C.

43 ELLESMERE CLOSE Sold Prices

Land registry data shows three sales for 43 ELLESMERE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Reading local authority area for the corresponding sale date. All of the three 43 ELLESMERE 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
2018 26 JUL	£468,000	£299,562	56% above HPI
2015 24 JUL	£405,000	£257,379	57% above HPI
2002 30 APR	£195,000	£131,901	48% above HPI

43 ELLESMERE 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 three 43 ELLESMERE CLOSE sales between April 2002 and July 2018 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 July 2015 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the July 2018 sale, where it falls to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might 43 ELLESMERE CLOSE be worth now?

43 ELLESMERE CLOSE might now be worth an estimated £551,282.

This is based on house price inflation of 17.8%, between July 2018 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 17.8% inflationary increase is applied to the most recent sale price for 43 ELLESMERE CLOSE of £468,000 on 26th July 2018. For the value to have increased from £468,000 to £551,282 over the eight years and two months to May 2026, the following assumptions must hold true:

• The value of 43 ELLESMERE CLOSE has moved in line with the HPI for terraced houses in the Reading local authority area.
• The July 2018 sale price of £468,000 represented a fair market value for the property.
• The size, condition, and specification of 43 ELLESMERE CLOSE has not materially changed since July 2018.

How Large is 43 ELLESMERE CLOSE?

43 ELLESMERE CLOSE is 91m² according to the EPC inspection conducted in November 2009. 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 43 ELLESMERE CLOSE lies on this distribution: 11% of terraced houses houses are smaller than 43 ELLESMERE CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Caversham.

43 ELLESMERE CLOSE: Plot and Title Map

43 ELLESMERE CLOSE sits on a plot of roughly 0.039 of an acre, or 159m². The below map shows the location of 43 ELLESMERE 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 43 ELLESMERE 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 43 ELLESMERE CLOSE?

43 ELLESMERE CLOSE is located in CAVERSHAM, in the RG4 postcode district. The below map shows the position of No. 43 on ELLESMERE CLOSE.