3, PAVY CLOSE, THATCHAM, RG19 4GR - £338,000

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 PAVY CLOSE is a very small detached house of 71m², built sometime between 1983 and 1990, which could now be worth an estimated £392,865. It was last sold for £338,000 in September 2017, which was around 43% below the average September 2017 detached price in the West Berkshire local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.

3 PAVY CLOSE Sold Prices

Land registry data shows three sales for 3 PAVY 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 PAVY 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
2017 21 SEP	£338,000	£597,094	43% below HPI
2013 14 JUN	£237,000	£442,902	46% below HPI
1997 5 DEC	£94,000	£165,725	43% below HPI

3 PAVY 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 PAVY CLOSE sales between December 1997 and September 2017 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 2013 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the September 2017 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 3 PAVY CLOSE be worth now?

3 PAVY CLOSE might now be worth an estimated £392,865.

This is based on house price inflation of 16.2%, between September 2017 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 16.2% inflationary increase is applied to the most recent sale price for 3 PAVY CLOSE of £338,000 on 21st September 2017. For the value to have increased from £338,000 to £392,865 over the six years and nine months to December 2024, the following assumptions must hold true:

• The value of 3 PAVY CLOSE has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The September 2017 sale price of £338,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PAVY CLOSE has not materially changed since September 2017.

How Large is 3 PAVY CLOSE?

3 PAVY CLOSE is 71m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 10% of detached houses houses in Thatcham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thatcham, and where 3 PAVY CLOSE lies on this distribution: 8% of detached houses houses are smaller than 3 PAVY CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Thatcham.

3 PAVY CLOSE: Plot and Title Map

3 PAVY CLOSE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 3 PAVY 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 PAVY 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 PAVY CLOSE?

3 PAVY CLOSE is located in THATCHAM, in the RG19 postcode district. The below map shows the position of No. 3 on PAVY CLOSE.