5, GURNEY CLOSE, CAVERSHAM, READING, RG4 7LE - £400,000

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.

5 GURNEY CLOSE is a very small extended detached house of 72m², built sometime between 1967 and 1975, which could now be worth an estimated £476,399. It was last sold for £400,000 in April 2019, which was around 34% below the average April 2019 detached price in the Reading local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

5 GURNEY CLOSE Sold Prices

Land registry data shows one sale for 5 GURNEY CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached 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
2019 30 APR	£400,000	£601,522	34% below HPI

What might 5 GURNEY CLOSE be worth now?

5 GURNEY CLOSE might now be worth an estimated £476,399.

This is based on house price inflation of 19.1%, between April 2019 and May 2026, for detached 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 19.1% inflationary increase is applied to the most recent sale price for 5 GURNEY CLOSE of £400,000 on 30th April 2019. For the value to have increased from £400,000 to £476,399 over the six years and eleven months to May 2026, the following assumptions must hold true:

• The value of 5 GURNEY CLOSE has moved in line with the HPI for detached houses in the Reading local authority area.
• The April 2019 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 5 GURNEY CLOSE has not materially changed since April 2019.

How Large is 5 GURNEY CLOSE?

5 GURNEY CLOSE is 72m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the smallest 10% 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 GURNEY CLOSE lies on this distribution: 3% of detached houses are smaller than 5 GURNEY CLOSE, and 97% of detached houses are larger. Note that EPC data is not available for all properties in Caversham.

5 GURNEY CLOSE: Plot

5 GURNEY CLOSE sits on a plot of roughly 0.109 of an acre, or 440m².

Where is 5 GURNEY CLOSE?

5 GURNEY CLOSE is located in CAVERSHAM, in the RG4 postcode district.