12, THE HORSE CLOSE, EMMER GREEN, READING, RG4 8TT - £407,500

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.

12 THE HORSE CLOSE is a small extended detached house of 115m², built sometime between 1950 and 1966, which could now be worth an estimated £650,869. It was last sold for £407,500 in September 2013, which was around 6% below the average September 2013 detached price in the Reading local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

12 THE HORSE CLOSE Sold Prices

Land registry data shows three sales for 12 THE HORSE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Reading local authority area for the corresponding sale date. Two of the three 12 THE HORSE CLOSE sales were for below the average price, whilst one was 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
2013 27 SEP	£407,500	£433,665	6% below HPI
2010 28 MAY	£391,000	£385,420	1% above HPI
2000 14 APR	£85,000	£244,585	65% below HPI

12 THE HORSE 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 three 12 THE HORSE CLOSE sales between April 2000 and September 2013 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 May 2010 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the September 2013 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 12 THE HORSE CLOSE be worth now?

12 THE HORSE CLOSE might now be worth an estimated £650,869.

This is based on house price inflation of 59.7%, between September 2013 and February 2025, 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 59.7% inflationary increase is applied to the most recent sale price for 12 THE HORSE CLOSE of £407,500 on 27th September 2013. For the value to have increased from £407,500 to £650,869 over the twelve years and seven months to February 2025, the following assumptions must hold true:

• The value of 12 THE HORSE CLOSE has moved in line with the HPI for detached houses in the Reading local authority area.
• The September 2013 sale price of £407,500 represented a fair market value for the property.
• The size, condition, and specification of 12 THE HORSE CLOSE has not materially changed since September 2013.

How Large is 12 THE HORSE CLOSE?

12 THE HORSE CLOSE is 115m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the smallest 40% 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 12 THE HORSE CLOSE lies on this distribution: 33% of detached houses houses are smaller than 12 THE HORSE CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Caversham.

12 THE HORSE CLOSE: Plot and Title Map

12 THE HORSE CLOSE sits on a plot of roughly 0.119 of an acre, or 482m². The below map shows the location of 12 THE HORSE 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 12 THE HORSE 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 12 THE HORSE CLOSE?

12 THE HORSE CLOSE is located in EMMER GREEN, in the RG4 postcode district. The below map shows the position of No. 12 on THE HORSE CLOSE.