24, GRANGELY CLOSE, CALCOT, READING, RG31 7DR - £615,000

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

24 GRANGELY CLOSE is a very large extended detached house of 161m², built sometime between 1983 and 1990, which could now be worth an estimated £774,244. It was last sold for £615,000 in May 2016, which was around 12% above the average May 2016 detached price in the West Berkshire local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

24 GRANGELY CLOSE Sold Prices

Land registry data shows three sales for 24 GRANGELY 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 24 GRANGELY 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
2016 4 MAY	£615,000	£551,272	12% above HPI
2012 25 OCT	£500,000	£429,579	16% above HPI
2008 7 FEB	£500,000	£401,959	24% above HPI

24 GRANGELY 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 24 GRANGELY CLOSE sales between February 2008 and May 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 October 2012 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the May 2016 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 24 GRANGELY CLOSE be worth now?

24 GRANGELY CLOSE might now be worth an estimated £774,244.

This is based on house price inflation of 25.9%, between May 2016 and December 2024, 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 25.9% inflationary increase is applied to the most recent sale price for 24 GRANGELY CLOSE of £615,000 on 4th May 2016. For the value to have increased from £615,000 to £774,244 over the seven years and five months to December 2024, the following assumptions must hold true:

• The value of 24 GRANGELY CLOSE has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The May 2016 sale price of £615,000 represented a fair market value for the property.
• The size, condition, and specification of 24 GRANGELY CLOSE has not materially changed since May 2016.

How Large is 24 GRANGELY CLOSE?

24 GRANGELY CLOSE is 161m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the largest 20% of detached houses houses in Reading, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reading, and where 24 GRANGELY CLOSE lies on this distribution: 80% of detached houses houses are smaller than 24 GRANGELY CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Reading.

24 GRANGELY CLOSE: Plot and Title Map

24 GRANGELY CLOSE sits on a plot of roughly 0.150 of an acre, or 607m². The below map shows the location of 24 GRANGELY 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 24 GRANGELY 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 24 GRANGELY CLOSE?

24 GRANGELY CLOSE is located in CALCOT, in the RG31 postcode district. The below map shows the position of No. 24 on GRANGELY CLOSE.