3, GORDON PALMER CLOSE, MORTIMER, READING, RG7 3PZ - £625,000

3 GORDON PALMER CLOSE is a large extended detached house of 193m², built sometime between 1996 and 2002. It was last sold for £625,000 in October 2012, which was around 50% above the average October 2012 detached price in the West Berkshire local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was D.

3 GORDON PALMER CLOSE Sold Prices

Land registry data shows three sales for 3 GORDON PALMER 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 3 GORDON PALMER 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
2012 31 OCT	£625,000	£415,747	50% above HPI
2003 24 JAN	£477,000	£321,231	48% above HPI
1998 16 OCT	£276,500	£180,216	53% above HPI

3 GORDON PALMER 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 3 GORDON PALMER CLOSE sales between October 1998 and October 2012 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 January 2003 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the October 2012 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is 3 GORDON PALMER CLOSE?

3 GORDON PALMER CLOSE is 193m², which includes two extensions, according to the EPC inspection conducted in November 2011. This puts it in the largest 40% of detached houses in Stratfield Mortimer, based on EPC data. The below chart shows the distribution of detached houses by size in Stratfield Mortimer, and where 3 GORDON PALMER CLOSE lies on this distribution: 69% of detached houses are smaller than 3 GORDON PALMER CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Stratfield Mortimer.

3 GORDON PALMER CLOSE: Plot and Title Map

3 GORDON PALMER CLOSE sits on a plot of roughly 0.147 of an acre, or 596m². The below map shows the location of 3 GORDON PALMER 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 GORDON PALMER 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 GORDON PALMER CLOSE?

3 GORDON PALMER CLOSE is located in MORTIMER, in the RG7 postcode district. The below map shows the position of No. 3 on GORDON PALMER CLOSE.