5, SCHOLARS CLOSE, CAVERSHAM, READING, RG4 7DN - £670,000

5 SCHOLARS CLOSE is a small extended detached house of 121m², built sometime between 1967 and 1975. It was last sold for £670,000 in July 2022, which was around 3% below the average July 2022 detached price in the Reading local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was C.

5 SCHOLARS CLOSE Sold Prices

Land registry data shows two sales for 5 SCHOLARS 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 5 SCHOLARS 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
2022 29 JUL	£670,000	£687,833	3% below HPI
2006 14 AUG	£396,000	£359,360	10% above HPI

5 SCHOLARS 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 5 SCHOLARS CLOSE sales from August 2006 and July 2022 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 2006 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the July 2022 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 5 SCHOLARS CLOSE?

5 SCHOLARS CLOSE is 121m², which includes three extensions, according to the EPC inspection conducted in February 2022. This puts it in the smallest 40% of detached houses in Caversham, based on EPC data. The below chart shows the distribution of detached houses by size in Caversham, and where 5 SCHOLARS CLOSE lies on this distribution: 40% of detached houses are smaller than 5 SCHOLARS CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Caversham.

5 SCHOLARS CLOSE: Plot and Title Map

5 SCHOLARS CLOSE sits on a plot of roughly 0.156 of an acre, or 632m². The below map shows the location of 5 SCHOLARS 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 5 SCHOLARS 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 5 SCHOLARS CLOSE?

5 SCHOLARS CLOSE is located in CAVERSHAM, in the RG4 postcode district. The below map shows the position of No. 5 on SCHOLARS CLOSE.