47, STEPHENS CLOSE, MORTIMER COMMON, READING, RG7 3TY - £410,000

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.

47 STEPHENS CLOSE is a very small extended semi-detached house of 96m², built sometime between 1950 and 1966, which could now be worth an estimated £508,332. It was last sold for £410,000 in May 2017, which was around 24% above the average May 2017 semi-detached price in the West Berkshire local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

47 STEPHENS CLOSE Sold Prices

Land registry data shows four sales for 47 STEPHENS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the West Berkshire local authority area for the corresponding sale date. All of the four 47 STEPHENS 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
2017 23 MAY	£410,000	£330,997	24% above HPI
2007 20 JUL	£305,000	£241,526	26% above HPI
2006 2 MAY	£263,000	£217,672	21% above HPI
1995 28 DEC	£73,000	£72,190	1% above HPI

47 STEPHENS CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Berkshire local authority area over time, sourced from the HPI. The four 47 STEPHENS CLOSE sales between December 1995 and May 2017 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 2007 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the May 2017 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 47 STEPHENS CLOSE be worth now?

47 STEPHENS CLOSE might now be worth an estimated £508,332.

This is based on house price inflation of 24%, between May 2017 and February 2025, for semi-detached houses, in the West Berkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24% inflationary increase is applied to the most recent sale price for 47 STEPHENS CLOSE of £410,000 on 23rd May 2017. For the value to have increased from £410,000 to £508,332 over the eight years and three months to February 2025, the following assumptions must hold true:

• The value of 47 STEPHENS CLOSE has moved in line with the HPI for semi-detached houses in the West Berkshire local authority area.
• The May 2017 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 47 STEPHENS CLOSE has not materially changed since May 2017.

How Large is 47 STEPHENS CLOSE?

47 STEPHENS CLOSE is 96m², which includes two extensions, according to the EPC inspection conducted in June 2016. This puts it in the smallest 20% of semi-detached houses houses in Mortimer, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Mortimer, and where 47 STEPHENS CLOSE lies on this distribution: 18% of semi-detached houses houses are smaller than 47 STEPHENS CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Mortimer.

47 STEPHENS CLOSE: Plot and Title Map

47 STEPHENS CLOSE sits on a plot of roughly 0.150 of an acre, or 607m². The below map shows the location of 47 STEPHENS 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 47 STEPHENS 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 47 STEPHENS CLOSE?

47 STEPHENS CLOSE is located in MORTIMER COMMON, in the RG7 postcode district. The below map shows the position of No. 47 on STEPHENS CLOSE.