7, RIDGEMOUNT CLOSE, TILEHURST, READING, RG31 6YZ - £710,000

7 RIDGEMOUNT CLOSE is a large extended detached house of 154m², built sometime between 1967 and 1975. It was last sold for £710,000 in May 2023, which was around 3% above the average May 2023 detached price in the West Berkshire local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.

7 RIDGEMOUNT CLOSE Sold Prices

Land registry data shows two sales for 7 RIDGEMOUNT 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 West Berkshire local authority area for the corresponding sale date. Both of the two 7 RIDGEMOUNT 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
2023 31 MAY	£710,000	£689,495	3% above HPI
2007 6 AUG	£415,000	£405,863	2% above HPI

7 RIDGEMOUNT CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Berkshire local authority area over time, sourced from the HPI. The two 7 RIDGEMOUNT CLOSE sales from August 2007 and May 2023 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 2007 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the May 2023 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 7 RIDGEMOUNT CLOSE?

7 RIDGEMOUNT CLOSE is 154m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the largest 30% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 7 RIDGEMOUNT CLOSE lies on this distribution: 77% of detached houses are smaller than 7 RIDGEMOUNT CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Reading.

7 RIDGEMOUNT CLOSE: Plot and Title Map

7 RIDGEMOUNT CLOSE sits on a plot of roughly 0.134 of an acre, or 544m². The below map shows the location of 7 RIDGEMOUNT 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 7 RIDGEMOUNT 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 7 RIDGEMOUNT CLOSE?

7 RIDGEMOUNT CLOSE is located in TILEHURST, in the RG31 postcode district. The below map shows the position of No. 7 on RIDGEMOUNT CLOSE.