17, GURNEY CLOSE, CAVERSHAM, READING, RG4 7LE - £485,000

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

17 GURNEY CLOSE is a very small extended detached house of 83m², built sometime between 1967 and 1975. It was last sold for £485,000 in November 2018, which was around 22% below the average November 2018 detached price in the Reading local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

17 GURNEY CLOSE Sold Prices

Land registry data shows two sales for 17 GURNEY 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 17 GURNEY 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
2018 6 NOV	£485,000	£619,776	22% below HPI
2000 31 JUL	£187,000	£259,686	28% below HPI

17 GURNEY 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 17 GURNEY CLOSE sales from July 2000 and November 2018 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 2000 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2018 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 17 GURNEY CLOSE be worth now?

17 GURNEY CLOSE might now be worth an estimated £546,521.

This is based on house price inflation of 12.7%, between November 2018 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 12.7% inflationary increase is applied to the most recent sale price for 17 GURNEY CLOSE of £485,000 on 6th November 2018. For the value to have increased from £485,000 to £546,521 over the five years and eleven months to December 2024, the following assumptions must hold true:

• The value of 17 GURNEY CLOSE has moved in line with the HPI for detached houses in the Reading local authority area.
• The November 2018 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of 17 GURNEY CLOSE has not materially changed since November 2018.

How Large is 17 GURNEY CLOSE?

17 GURNEY CLOSE is 83m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 10% 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 17 GURNEY CLOSE lies on this distribution: 7% of detached houses houses are smaller than 17 GURNEY CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Caversham.

17 GURNEY CLOSE: Plot and Title Map

17 GURNEY CLOSE sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 17 GURNEY 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 17 GURNEY 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 17 GURNEY CLOSE?

17 GURNEY CLOSE is located in CAVERSHAM, in the RG4 postcode district. The below map shows the position of No. 17 on GURNEY CLOSE.