3, COWSLIP CLOSE, TILEHURST, READING, RG31 4EY - £445,000

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

3 COWSLIP CLOSE is a small detached house of 110m², built sometime between 1967 and 1975, which could now be worth an estimated £535,991. It was last sold for £445,000 in May 2020, which was around 23% below the average May 2020 detached price in the West Berkshire local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was C.

3 COWSLIP CLOSE Sold Prices

Land registry data shows two sales for 3 COWSLIP 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 COWSLIP 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
2020 15 MAY	£445,000	£576,197	23% below HPI
2002 20 NOV	£242,500	£329,724	26% below HPI

3 COWSLIP 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 COWSLIP CLOSE sales from November 2002 and May 2020 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 November 2002 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2020 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 3 COWSLIP CLOSE be worth now?

3 COWSLIP CLOSE might now be worth an estimated £535,991.

This is based on house price inflation of 20.4%, between May 2020 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 20.4% inflationary increase is applied to the most recent sale price for 3 COWSLIP CLOSE of £445,000 on 15th May 2020. For the value to have increased from £445,000 to £535,991 over the three years and five months to December 2024, the following assumptions must hold true:

• The value of 3 COWSLIP CLOSE has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The May 2020 sale price of £445,000 represented a fair market value for the property.
• The size, condition, and specification of 3 COWSLIP CLOSE has not materially changed since May 2020.

How Large is 3 COWSLIP CLOSE?

3 COWSLIP CLOSE is 110m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 40% 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 3 COWSLIP CLOSE lies on this distribution: 39% of detached houses houses are smaller than 3 COWSLIP CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Reading.

3 COWSLIP CLOSE: Plot and Title Map

3 COWSLIP CLOSE sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 3 COWSLIP 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 COWSLIP 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 COWSLIP CLOSE?

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