3, REDBERRY CLOSE, CAVERSHAM, READING, RG4 6QF - £519,540

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 REDBERRY CLOSE is a small extended detached house of 122m², built sometime between 1967 and 1975. It was last sold for £519,540 in June 2024, which was around 23% below the average June 2024 detached price in the Reading local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

3 REDBERRY CLOSE Sold Prices

Land registry data shows two sales for 3 REDBERRY 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 Reading local authority area for the corresponding sale date. Both of the two 3 REDBERRY 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
2024 14 JUN	£519,540	£672,143	23% below HPI
2015 21 JUL	£346,000	£527,818	34% below HPI

3 REDBERRY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Reading local authority area over time, sourced from the HPI. The two 3 REDBERRY CLOSE sales from July 2015 and June 2024 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 2015 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2024 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 3 REDBERRY CLOSE be worth now?

3 REDBERRY CLOSE might now be worth an estimated £539,830.

This is based on house price inflation of 3.9%, between June 2024 and December 2024, for detached houses, in the Reading local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.9% inflationary increase is applied to the most recent sale price for 3 REDBERRY CLOSE of £519,540 on 14th June 2024. For the value to have increased from £519,540 to £539,830 over the six months to December 2024, the following assumptions must hold true:

• The value of 3 REDBERRY CLOSE has moved in line with the HPI for detached houses in the Reading local authority area.
• The June 2024 sale price of £519,540 represented a fair market value for the property.
• The size, condition, and specification of 3 REDBERRY CLOSE has not materially changed since June 2024.

How Large is 3 REDBERRY CLOSE?

3 REDBERRY CLOSE is 122m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the smallest 40% of detached houses houses in Caversham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Caversham, and where 3 REDBERRY CLOSE lies on this distribution: 40% of detached houses houses are smaller than 3 REDBERRY CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Caversham.

3 REDBERRY CLOSE: Plot and Title Map

3 REDBERRY CLOSE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 3 REDBERRY 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 REDBERRY 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 REDBERRY CLOSE?

3 REDBERRY CLOSE is located in CAVERSHAM, in the RG4 postcode district. The below map shows the position of No. 3 on REDBERRY CLOSE.