40, CARDINAL CLOSE, CAVERSHAM, READING, RG4 8BZ - £425,000

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.

40 CARDINAL CLOSE is a large extended terraced house of 91m², built sometime between 1976 and 1982, which could now be worth an estimated £487,469. It was last sold for £425,000 in August 2017, which was around 38% above the average August 2017 terraced price in the Reading local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

40 CARDINAL CLOSE Sold Prices

Land registry data shows one sale for 40 CARDINAL 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 Reading 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
2017 25 AUG	£425,000	£307,650	38% above HPI

What might 40 CARDINAL CLOSE be worth now?

40 CARDINAL CLOSE might now be worth an estimated £487,469.

This is based on house price inflation of 14.7%, between August 2017 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 14.7% inflationary increase is applied to the most recent sale price for 40 CARDINAL CLOSE of £425,000 on 25th August 2017. For the value to have increased from £425,000 to £487,469 over the nine years and three months to May 2026, the following assumptions must hold true:

• The value of 40 CARDINAL CLOSE has moved in line with the HPI for terraced houses in the Reading local authority area.
• The August 2017 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 40 CARDINAL CLOSE has not materially changed since August 2017.

How Large is 40 CARDINAL CLOSE?

40 CARDINAL CLOSE is 91m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the largest 30% of terraced houses in Caversham, based on EPC data. The below chart shows the distribution of terraced houses by size in Caversham, and where 40 CARDINAL CLOSE lies on this distribution: 69% of terraced houses are smaller than 40 CARDINAL CLOSE, and 30% of terraced houses are larger. Note that EPC data is not available for all properties in Caversham.

40 CARDINAL CLOSE: Plot

40 CARDINAL CLOSE sits on a plot of roughly 0.042 of an acre, or 169m².

Where is 40 CARDINAL CLOSE?

40 CARDINAL CLOSE is located in CAVERSHAM, in the RG4 postcode district.