34, RIDGE HALL CLOSE, CAVERSHAM, READING, RG4 7EP - £840,000

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

34 RIDGE HALL CLOSE is a midsized extended detached house of 134m², built sometime between 1976 and 1982. It was last sold for £840,000 in May 2019, which was around 41% above the average May 2019 detached price in the Reading local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

34 RIDGE HALL CLOSE Sold Prices

Land registry data shows two sales for 34 RIDGE HALL 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 34 RIDGE HALL 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
2019 23 MAY	£840,000	£596,016	41% above HPI
2001 2 AUG	£344,000	£281,202	22% above HPI

34 RIDGE HALL 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 34 RIDGE HALL CLOSE sales from August 2001 and May 2019 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 August 2001 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the May 2019 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might 34 RIDGE HALL CLOSE be worth now?

34 RIDGE HALL CLOSE might now be worth an estimated £984,286.

This is based on house price inflation of 17.2%, between May 2019 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 17.2% inflationary increase is applied to the most recent sale price for 34 RIDGE HALL CLOSE of £840,000 on 23rd May 2019. For the value to have increased from £840,000 to £984,286 over the four years and five months to December 2024, the following assumptions must hold true:

• The value of 34 RIDGE HALL CLOSE has moved in line with the HPI for detached houses in the Reading local authority area.
• The May 2019 sale price of £840,000 represented a fair market value for the property.
• The size, condition, and specification of 34 RIDGE HALL CLOSE has not materially changed since May 2019.

How Large is 34 RIDGE HALL CLOSE?

34 RIDGE HALL CLOSE is 134m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the largest 50% 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 34 RIDGE HALL CLOSE lies on this distribution: 49% of detached houses houses are smaller than 34 RIDGE HALL CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Caversham.

34 RIDGE HALL CLOSE: Plot and Title Map

34 RIDGE HALL CLOSE sits on a plot of roughly 0.163 of an acre, or 658m². The below map shows the location of 34 RIDGE HALL 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 34 RIDGE HALL 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 34 RIDGE HALL CLOSE?

34 RIDGE HALL CLOSE is located in CAVERSHAM, in the RG4 postcode district. The below map shows the position of No. 34 on RIDGE HALL CLOSE.