2, CHARLOTTE CLOSE, CAVERSHAM, READING, RG4 7BY - £775,000

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

2 CHARLOTTE CLOSE is a large detached house of 176m², built sometime from 2007 onwards. It was last sold for £775,000 in January 2021, which was around 25% above the average January 2021 detached price in the Reading local authority area. The most recent EPC inspection was January 2011, where the current energy rating was B, and the potential energy rating was B.

2 CHARLOTTE CLOSE Sold Prices

Land registry data shows three sales for 2 CHARLOTTE 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. All of the three 2 CHARLOTTE CLOSE sales were 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
2021 22 JAN	£775,000	£620,200	25% above HPI
2011 4 JUL	£585,000	£388,748	50% above HPI
2009 22 MAY	£478,000	£348,982	37% above HPI

2 CHARLOTTE 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 2 CHARLOTTE CLOSE sales between May 2009 and January 2021 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 2011 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the January 2021 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 2 CHARLOTTE CLOSE be worth now?

2 CHARLOTTE CLOSE might now be worth an estimated £872,710.

This is based on house price inflation of 12.6%, between January 2021 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 12.6% inflationary increase is applied to the most recent sale price for 2 CHARLOTTE CLOSE of £775,000 on 22nd January 2021. For the value to have increased from £775,000 to £872,710 over the two years and one month to December 2024, the following assumptions must hold true:

• The value of 2 CHARLOTTE CLOSE has moved in line with the HPI for detached houses in the Reading local authority area.
• The January 2021 sale price of £775,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHARLOTTE CLOSE has not materially changed since January 2021.

How Large is 2 CHARLOTTE CLOSE?

2 CHARLOTTE CLOSE is 176m² according to the EPC inspection conducted in January 2011. This puts it in the largest 30% 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 2 CHARLOTTE CLOSE lies on this distribution: 77% of detached houses houses are smaller than 2 CHARLOTTE CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Caversham.

2 CHARLOTTE CLOSE: Plot and Title Map

2 CHARLOTTE CLOSE sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 2 CHARLOTTE 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 2 CHARLOTTE 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 2 CHARLOTTE CLOSE?

2 CHARLOTTE CLOSE is located in CAVERSHAM, in the RG4 postcode district. The below map shows the position of No. 2 on CHARLOTTE CLOSE.