3, WOBURN CLOSE, CAVERSHAM, READING, RG4 7HB - £325,000

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 WOBURN CLOSE is a small extended detached house of 115m², built sometime between 1967 and 1975. It was last sold for £325,000 in July 2009, which was around 9% below the average July 2009 detached price in the Reading local authority area. The most recent EPC inspection was March 2009, where the current energy rating was E, and the potential energy rating was D.

3 WOBURN CLOSE Sold Prices

Land registry data shows four sales for 3 WOBURN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Reading local authority area for the corresponding sale date. All of the four 3 WOBURN 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
2009 31 JUL	£325,000	£356,613	9% below HPI
2006 26 JAN	£315,000	£349,537	10% below HPI
2003 17 JAN	£292,500	£339,294	14% below HPI
1999 29 JUN	£160,000	£187,129	14% below HPI

3 WOBURN 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 four 3 WOBURN CLOSE sales between June 1999 and July 2009 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 2006 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2009 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 3 WOBURN CLOSE be worth now?

3 WOBURN CLOSE might now be worth an estimated £636,482.

This is based on house price inflation of 95.8%, between July 2009 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 95.8% inflationary increase is applied to the most recent sale price for 3 WOBURN CLOSE of £325,000 on 31st July 2009. For the value to have increased from £325,000 to £636,482 over the fourteen years and seven months to December 2024, the following assumptions must hold true:

• The value of 3 WOBURN CLOSE has moved in line with the HPI for detached houses in the Reading local authority area.
• The July 2009 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WOBURN CLOSE has not materially changed since July 2009.

How Large is 3 WOBURN CLOSE?

3 WOBURN CLOSE is 115m², which includes two extensions, according to the EPC inspection conducted in March 2009. 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 WOBURN CLOSE lies on this distribution: 33% of detached houses houses are smaller than 3 WOBURN CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Caversham.

3 WOBURN CLOSE: Plot and Title Map

3 WOBURN CLOSE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 3 WOBURN 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 WOBURN 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 WOBURN CLOSE?

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