3, STEPHENS CLOSE, MORTIMER COMMON, READING, RG7 3TL - £350,000

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.

3 STEPHENS CLOSE is a very large extended terraced house of 129m², built sometime between 1950 and 1966, which could now be worth an estimated £361,408. It was last sold for £350,000 in October 2023, which was around 9% above the average October 2023 terraced price in the West Berkshire local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was C.

3 STEPHENS CLOSE Sold Prices

Land registry data shows one sale for 3 STEPHENS CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the West Berkshire local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 13 OCT	£350,000	£321,989	9% above HPI

What might 3 STEPHENS CLOSE be worth now?

3 STEPHENS CLOSE might now be worth an estimated £361,408.

This is based on house price inflation of 3.3%, between October 2023 and May 2026, for terraced 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 3.3% inflationary increase is applied to the most recent sale price for 3 STEPHENS CLOSE of £350,000 on 13th October 2023. For the value to have increased from £350,000 to £361,408 over the three years and five months to May 2026, the following assumptions must hold true:

• The value of 3 STEPHENS CLOSE has moved in line with the HPI for terraced houses in the West Berkshire local authority area.
• The October 2023 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 3 STEPHENS CLOSE has not materially changed since October 2023.

How Large is 3 STEPHENS CLOSE?

3 STEPHENS CLOSE is 129m², which includes two extensions, according to the EPC inspection conducted in June 2023. This puts it in the largest 10% of terraced houses in Mortimer, based on EPC data. The below chart shows the distribution of terraced houses by size in Mortimer, and where 3 STEPHENS CLOSE lies on this distribution: 97% of terraced houses are smaller than 3 STEPHENS CLOSE, and 3% of terraced houses are larger. Note that EPC data is not available for all properties in Mortimer.

3 STEPHENS CLOSE: Plot

3 STEPHENS CLOSE sits on a plot of roughly 0.137 of an acre, or 553m².

Where is 3 STEPHENS CLOSE?

3 STEPHENS CLOSE is located in MORTIMER COMMON, in the RG7 postcode district.