2, DRAPER CLOSE, THATCHAM, RG19 3XQ - £392,000

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.

2 DRAPER CLOSE is a midsized detached house of 103m², built sometime between 1983 and 1990, which could now be worth an estimated £499,413. It was last sold for £392,000 in June 2016, which was around 29% below the average June 2016 detached price in the West Berkshire local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was C.

2 DRAPER CLOSE Sold Prices

Land registry data shows three sales for 2 DRAPER 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 West Berkshire local authority area for the corresponding sale date. All of the three 2 DRAPER 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
2016 9 JUN	£392,000	£552,023	29% below HPI
2007 21 MAY	£295,000	£397,410	26% below HPI
1998 21 JAN	£124,500	£170,236	27% below HPI

2 DRAPER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Berkshire local authority area over time, sourced from the HPI. The three 2 DRAPER CLOSE sales between January 1998 and June 2016 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 May 2007 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2016 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 2 DRAPER CLOSE be worth now?

2 DRAPER CLOSE might now be worth an estimated £499,413.

This is based on house price inflation of 27.4%, between June 2016 and February 2025, for detached houses, in the West Berkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.4% inflationary increase is applied to the most recent sale price for 2 DRAPER CLOSE of £392,000 on 9th June 2016. For the value to have increased from £392,000 to £499,413 over the nine years and four months to February 2025, the following assumptions must hold true:

• The value of 2 DRAPER CLOSE has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The June 2016 sale price of £392,000 represented a fair market value for the property.
• The size, condition, and specification of 2 DRAPER CLOSE has not materially changed since June 2016.

How Large is 2 DRAPER CLOSE?

2 DRAPER CLOSE is 103m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 50% of detached houses houses in Thatcham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thatcham, and where 2 DRAPER CLOSE lies on this distribution: 41% of detached houses houses are smaller than 2 DRAPER CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Thatcham.

2 DRAPER CLOSE: Plot and Title Map

2 DRAPER CLOSE sits on a plot of roughly 0.124 of an acre, or 500m². The below map shows the location of 2 DRAPER 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 DRAPER 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 DRAPER CLOSE?

2 DRAPER CLOSE is located in THATCHAM, in the RG19 postcode district. The below map shows the position of No. 2 on DRAPER CLOSE.