15, WOBURN CLOSE, CAVERSHAM, READING, RG4 7HB - £515,000

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

15 WOBURN CLOSE is a very small extended detached house of 94m², built sometime between 1967 and 1975. It was last sold for £515,000 in February 2019, which was around 16% below the average February 2019 detached price in the Reading local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

15 WOBURN CLOSE Sold Prices

Land registry data shows two sales for 15 WOBURN 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 15 WOBURN CLOSE sales were for below 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
2019 18 FEB	£515,000	£611,289	16% below HPI
2007 12 SEP	£345,000	£414,135	17% below HPI

15 WOBURN 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 15 WOBURN CLOSE sales from September 2007 and February 2019 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 September 2007 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 2019 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 15 WOBURN CLOSE be worth now?

15 WOBURN CLOSE might now be worth an estimated £588,384.

This is based on house price inflation of 14.2%, between February 2019 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 14.2% inflationary increase is applied to the most recent sale price for 15 WOBURN CLOSE of £515,000 on 18th February 2019. For the value to have increased from £515,000 to £588,384 over the four years and two months to December 2024, the following assumptions must hold true:

• The value of 15 WOBURN CLOSE has moved in line with the HPI for detached houses in the Reading local authority area.
• The February 2019 sale price of £515,000 represented a fair market value for the property.
• The size, condition, and specification of 15 WOBURN CLOSE has not materially changed since February 2019.

How Large is 15 WOBURN CLOSE?

15 WOBURN CLOSE is 94m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the smallest 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 15 WOBURN CLOSE lies on this distribution: 15% of detached houses houses are smaller than 15 WOBURN CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Caversham.

15 WOBURN CLOSE: Plot and Title Map

15 WOBURN CLOSE sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 15 WOBURN 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 15 WOBURN 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 15 WOBURN CLOSE?

15 WOBURN CLOSE is located in CAVERSHAM, in the RG4 postcode district. The below map shows the position of No. 15 on WOBURN CLOSE.