16, TOWER CLOSE, EMMER GREEN, READING, RG4 8UU - £785,000

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.

16 TOWER CLOSE is a large extended detached house of 153m², built sometime between 1967 and 1975, which could now be worth an estimated £764,213. It was last sold for £785,000 in September 2023, which was around 10% above the average September 2023 detached price in the Reading local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

16 TOWER CLOSE Sold Prices

Land registry data shows two sales for 16 TOWER 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 16 TOWER 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
2023 13 SEP	£785,000	£711,501	10% above HPI
2009 17 JUL	£300,000	£356,613	16% below HPI

16 TOWER 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 16 TOWER CLOSE sales from July 2009 and September 2023 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 July 2009 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2023 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 16 TOWER CLOSE be worth now?

16 TOWER CLOSE might now be worth an estimated £764,213.

This is based on house price deflation of 2.6%, between September 2023 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 2.6% deflationary decrease is applied to the most recent sale price for 16 TOWER CLOSE of £785,000 on 13th September 2023. For the value to have decreased from £785,000 to £764,213 over the two years and seven months to February 2025, the following assumptions must hold true:

• The value of 16 TOWER CLOSE has moved in line with the HPI for detached houses in the Reading local authority area.
• The September 2023 sale price of £785,000 represented a fair market value for the property.
• The size, condition, and specification of 16 TOWER CLOSE has not materially changed since September 2023.

How Large is 16 TOWER CLOSE?

16 TOWER CLOSE is 153m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the largest 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 16 TOWER CLOSE lies on this distribution: 64% of detached houses houses are smaller than 16 TOWER CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Caversham.

16 TOWER CLOSE: Plot and Title Map

16 TOWER CLOSE sits on a plot of roughly 0.128 of an acre, or 516m². The below map shows the location of 16 TOWER 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 16 TOWER 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 16 TOWER CLOSE?

16 TOWER CLOSE is located in EMMER GREEN, in the RG4 postcode district. The below map shows the position of No. 16 on TOWER CLOSE.