2, GURNEY CLOSE, CAVERSHAM, READING, RG4 7LE - £521,000

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 GURNEY CLOSE is a very small detached house of 86m², built sometime between 1950 and 1966. It was last sold for £521,000 in April 2022, which was around 24% below the average April 2022 detached price in the Reading local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

2 GURNEY CLOSE Sold Prices

Land registry data shows three sales for 2 GURNEY 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. Two of the three 2 GURNEY CLOSE sales were for below the average price, whilst one 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
2022 29 APR	£521,000	£686,612	24% below HPI
2009 19 JUN	£282,500	£347,581	19% below HPI
1996 31 JAN	£120,000	£116,601	3% above HPI

2 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 three 2 GURNEY CLOSE sales between January 1996 and April 2022 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 June 2009 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the April 2022 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 2 GURNEY CLOSE be worth now?

2 GURNEY CLOSE might now be worth an estimated £529,939.

This is based on house price inflation of 1.7%, between April 2022 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 1.7% inflationary increase is applied to the most recent sale price for 2 GURNEY CLOSE of £521,000 on 29th April 2022. For the value to have increased from £521,000 to £529,939 over the one year and four months to December 2024, the following assumptions must hold true:

• The value of 2 GURNEY CLOSE has moved in line with the HPI for detached houses in the Reading local authority area.
• The April 2022 sale price of £521,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GURNEY CLOSE has not materially changed since April 2022.

How Large is 2 GURNEY CLOSE?

2 GURNEY CLOSE is 86m² according to the EPC inspection conducted in November 2021. 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 2 GURNEY CLOSE lies on this distribution: 9% of detached houses houses are smaller than 2 GURNEY CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Caversham.

2 GURNEY CLOSE: Plot and Title Map

2 GURNEY CLOSE sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 2 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 2 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 2 GURNEY CLOSE?

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