3, RED KITE CLOSE, CALCOT, READING, RG31 7BT - £655,000

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 RED KITE CLOSE is a large detached house of 157m², which could now be worth an estimated £644,955. It was last sold for £655,000 in September 2022, which was around 7% below the average September 2022 detached price in the West Berkshire local authority area. The most recent EPC inspection was June 2018, where the current energy rating was B, and the potential energy rating was A.

3 RED KITE CLOSE Sold Prices

Land registry data shows three sales for 3 RED KITE 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. One of the three 3 RED KITE CLOSE sales was for below the average price, whilst two 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
2022 14 SEP	£655,000	£704,824	7% below HPI
2018 31 JUL	£630,000	£600,835	5% above HPI
2017 3 FEB	£2,762,384	£576,579	379% above HPI

3 RED KITE 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 RED KITE CLOSE sales between February 2017 and September 2022 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 July 2018 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the September 2022 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 3 RED KITE CLOSE be worth now?

3 RED KITE CLOSE might now be worth an estimated £644,955.

This is based on house price deflation of 1.5%, between September 2022 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 1.5% deflationary decrease is applied to the most recent sale price for 3 RED KITE CLOSE of £655,000 on 14th September 2022. For the value to have decreased from £655,000 to £644,955 over the one year and nine months to December 2024, the following assumptions must hold true:

• The value of 3 RED KITE CLOSE has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The September 2022 sale price of £655,000 represented a fair market value for the property.
• The size, condition, and specification of 3 RED KITE CLOSE has not materially changed since September 2022.

How Large is 3 RED KITE CLOSE?

3 RED KITE CLOSE is 157m² according to the EPC inspection conducted in June 2018. This puts it in the largest 30% 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 RED KITE CLOSE lies on this distribution: 78% of detached houses houses are smaller than 3 RED KITE CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Reading.

3 RED KITE CLOSE: Plot and Title Map

3 RED KITE CLOSE sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 3 RED KITE 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 RED KITE 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 RED KITE CLOSE?

3 RED KITE CLOSE is located in CALCOT, in the RG31 postcode district. The below map shows the position of No. 3 on RED KITE CLOSE.