3, BLACKWATER CLOSE, CAVERSHAM, READING, RG4 6NP - £240,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 BLACKWATER CLOSE is a midsized detached house of 125m², built sometime between 1967 and 1975. It was last sold for £240,000 in May 2005, which was around 29% below the average May 2005 detached price in the Reading local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

3 BLACKWATER CLOSE Sold Prices

Land registry data shows two sales for 3 BLACKWATER 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 Reading local authority area for the corresponding sale date. Both of the two 3 BLACKWATER 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
2005 20 MAY	£240,000	£338,163	29% below HPI
1999 17 JUN	£135,000	£184,005	27% below HPI

3 BLACKWATER 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 two 3 BLACKWATER CLOSE sales from June 1999 and May 2005 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 1999 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2005 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 3 BLACKWATER CLOSE?

3 BLACKWATER CLOSE is 125m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 50% of detached houses in Caversham, based on EPC data. The below chart shows the distribution of detached houses by size in Caversham, and where 3 BLACKWATER CLOSE lies on this distribution: 42% of detached houses are smaller than 3 BLACKWATER CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Caversham.

3 BLACKWATER CLOSE: Plot and Title Map

3 BLACKWATER CLOSE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 3 BLACKWATER 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 3 BLACKWATER 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 3 BLACKWATER CLOSE?

3 BLACKWATER CLOSE is located in CAVERSHAM, in the RG4 postcode district. The below map shows the position of No. 3 on BLACKWATER CLOSE.