10, GEORGE CLOSE, CAVERSHAM, READING, RG4 5EW - £1,000,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

10 GEORGE CLOSE is a very large detached house of 183m², built sometime between 1991 and 1995. It was last sold for £1,000,000 in October 2021, which was around 53% above the average October 2021 detached price in the Reading local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was C.

10 GEORGE CLOSE Sold Prices

Land registry data shows two sales for 10 GEORGE 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. Both of the two 10 GEORGE 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
2021 29 OCT	£1,000,000	£654,644	53% above HPI
2015 10 DEC	£735,000	£578,722	27% above HPI

10 GEORGE 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 10 GEORGE CLOSE sales from December 2015 and October 2021 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 December 2015 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the October 2021 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

What might 10 GEORGE CLOSE be worth now?

10 GEORGE CLOSE might now be worth an estimated £1,066,829.

This is based on house price inflation of 6.7%, between October 2021 and December 2024, 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 6.7% inflationary increase is applied to the most recent sale price for 10 GEORGE CLOSE of £1,000,000 on 29th October 2021. For the value to have increased from £1,000,000 to £1,066,829 over the two years and ten months to December 2024, the following assumptions must hold true:

• The value of 10 GEORGE CLOSE has moved in line with the HPI for detached houses in the Reading local authority area.
• The October 2021 sale price of £1,000,000 represented a fair market value for the property.
• The size, condition, and specification of 10 GEORGE CLOSE has not materially changed since October 2021.

How Large is 10 GEORGE CLOSE?

10 GEORGE CLOSE is 183m² according to the EPC inspection conducted in April 2021. This puts it in the largest 20% of detached houses houses in Caversham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Caversham, and where 10 GEORGE CLOSE lies on this distribution: 80% of detached houses houses are smaller than 10 GEORGE CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Caversham.

10 GEORGE CLOSE: Plot and Title Map

10 GEORGE CLOSE sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 10 GEORGE 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 10 GEORGE 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 10 GEORGE CLOSE?

10 GEORGE CLOSE is located in CAVERSHAM, in the RG4 postcode district. The below map shows the position of No. 10 on GEORGE CLOSE.