2, CROMER CLOSE, TILEHURST, READING, RG31 5NR - £420,000

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 CROMER CLOSE is a very small semi-detached house of 87m², built sometime between 1967 and 1975, which could now be worth an estimated £429,209. It was last sold for £420,000 in June 2024, which was about the average June 2024 semi-detached price in the Reading local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was C.

2 CROMER CLOSE Sold Prices

Land registry data shows two sales for 2 CROMER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Reading local authority area for the corresponding sale date. One of the two 2 CROMER CLOSE sales was roughly equal to the average price, whilst the other was 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
2024 10 JUN	£420,000	£421,405	Close to HPI
1997 25 SEP	£104,950	£83,608	26% above HPI

2 CROMER CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Reading local authority area over time, sourced from the HPI. The two 2 CROMER CLOSE sales from September 1997 and June 2024 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 1997 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the June 2024 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 2 CROMER CLOSE be worth now?

2 CROMER CLOSE might now be worth an estimated £429,209.

This is based on house price inflation of 2.2%, between June 2024 and February 2025, for semi-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 2.2% inflationary increase is applied to the most recent sale price for 2 CROMER CLOSE of £420,000 on 10th June 2024. For the value to have increased from £420,000 to £429,209 over the one year and four months to February 2025, the following assumptions must hold true:

• The value of 2 CROMER CLOSE has moved in line with the HPI for semi-detached houses in the Reading local authority area.
• The June 2024 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CROMER CLOSE has not materially changed since June 2024.

How Large is 2 CROMER CLOSE?

2 CROMER CLOSE is 87m² according to the EPC inspection conducted in January 2024. This puts it in the smallest 20% of semi-detached houses houses in Reading, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Reading, and where 2 CROMER CLOSE lies on this distribution: 17% of semi-detached houses houses are smaller than 2 CROMER CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Reading.

2 CROMER CLOSE: Plot and Title Map

2 CROMER CLOSE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 2 CROMER 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 CROMER 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 CROMER CLOSE?

2 CROMER CLOSE is located in TILEHURST, in the RG31 postcode district. The below map shows the position of No. 2 on CROMER CLOSE.