15, WOODFORD CLOSE, CAVERSHAM, READING, RG4 7HN - £495,000

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.

15 WOODFORD CLOSE is a midsized detached house of 140m², built sometime between 1967 and 1975, which could now be worth an estimated £773,745. It was last sold for £495,000 in February 2014, which was around 12% above the average February 2014 detached price in the Reading local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

15 WOODFORD CLOSE Sold Prices

Land registry data shows two sales for 15 WOODFORD 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. One of the two 15 WOODFORD CLOSE sales was for above the average price, whilst the other was 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
2014 4 FEB	£495,000	£443,126	12% above HPI
2009 29 OCT	£356,500	£366,978	3% below HPI

15 WOODFORD 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 WOODFORD CLOSE sales from October 2009 and February 2014 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 October 2009 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the February 2014 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 15 WOODFORD CLOSE be worth now?

15 WOODFORD CLOSE might now be worth an estimated £773,745.

This is based on house price inflation of 56.3%, between February 2014 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 56.3% inflationary increase is applied to the most recent sale price for 15 WOODFORD CLOSE of £495,000 on 4th February 2014. For the value to have increased from £495,000 to £773,745 over the eleven years to February 2025, the following assumptions must hold true:

• The value of 15 WOODFORD CLOSE has moved in line with the HPI for detached houses in the Reading local authority area.
• The February 2014 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 15 WOODFORD CLOSE has not materially changed since February 2014.

How Large is 15 WOODFORD CLOSE?

15 WOODFORD CLOSE is 140m² according to the EPC inspection conducted in April 2016. This puts it in the largest 50% 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 WOODFORD CLOSE lies on this distribution: 55% of detached houses houses are smaller than 15 WOODFORD CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Caversham.

15 WOODFORD CLOSE: Plot and Title Map

15 WOODFORD CLOSE sits on a plot of roughly 0.121 of an acre, or 488m². The below map shows the location of 15 WOODFORD 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 WOODFORD 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 WOODFORD CLOSE?

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