3, CAREW CLOSE, TILEHURST, READING, RG31 6XZ - £853,000

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

3 CAREW CLOSE is a very large extended detached house of 189m², built sometime between 1991 and 1995. It was last sold for £853,000 in January 2023, which was around 25% above the average January 2023 detached price in the West Berkshire local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

3 CAREW CLOSE Sold Prices

Land registry data shows two sales for 3 CAREW 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 West Berkshire local authority area for the corresponding sale date. Both of the two 3 CAREW 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
2023 6 JAN	£853,000	£681,792	25% above HPI
2001 29 JUN	£350,250	£262,246	34% above HPI

3 CAREW 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 two 3 CAREW CLOSE sales from June 2001 and January 2023 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 2001 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the January 2023 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 3 CAREW CLOSE?

3 CAREW CLOSE is 189m², which includes three extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 10% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 3 CAREW CLOSE lies on this distribution: 90% of detached houses are smaller than 3 CAREW CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Reading.

3 CAREW CLOSE: Plot and Title Map

3 CAREW CLOSE sits on a plot of roughly 0.150 of an acre, or 606m². The below map shows the location of 3 CAREW 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 CAREW 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 CAREW CLOSE?

3 CAREW CLOSE is located in TILEHURST, in the RG31 postcode district. The below map shows the position of No. 3 on CAREW CLOSE.