2, READ CLOSE, THAMES DITTON, KT7 0BN - £549,950

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 READ CLOSE is a small extended detached house of 124m², built sometime between 1996 and 2002. It was last sold for £549,950 in May 2006, which was around 17% below the average May 2006 detached price in the Elmbridge local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was C.

2 READ CLOSE Sold Prices

Land registry data shows two sales for 2 READ 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 Elmbridge local authority area for the corresponding sale date. Both of the two 2 READ 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
2006 11 MAY	£549,950	£663,735	17% below HPI
1999 1 APR	£295,000	£347,181	15% below HPI

2 READ CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Elmbridge local authority area over time, sourced from the HPI. The two 2 READ CLOSE sales from April 1999 and May 2006 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 April 1999 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2006 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 2 READ CLOSE?

2 READ CLOSE is 124m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the smallest 30% of detached houses in Thames Ditton, based on EPC data. The below chart shows the distribution of detached houses by size in Thames Ditton, and where 2 READ CLOSE lies on this distribution: 28% of detached houses are smaller than 2 READ CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Thames Ditton.

2 READ CLOSE: Plot and Title Map

2 READ CLOSE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 2 READ 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 READ 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 READ CLOSE?

2 READ CLOSE is located in THAMES DITTON, in the KT7 postcode district. The below map shows the position of No. 2 on READ CLOSE.