4, ASPARAGUS CLOSE, MORTIMER, READING, RG7 3WY - £285,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 ASPARAGUS CLOSE is a very small semi-detached house of 76m², built sometime between 2003 and 2006, which could now be worth an estimated £440,240. It was last sold for £285,000 in May 2014, which was around 7% above the average May 2014 semi-detached price in the West Berkshire local authority area. The most recent EPC inspection was December 2013, where the current energy rating was C, and the potential energy rating was B.

4 ASPARAGUS CLOSE Sold Prices

Land registry data shows two sales for 4 ASPARAGUS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the West Berkshire local authority area for the corresponding sale date. Both of the two 4 ASPARAGUS 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
2014 30 MAY	£285,000	£265,670	7% above HPI
2006 8 MAR	£225,500	£209,700	8% above HPI

4 ASPARAGUS CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Berkshire local authority area over time, sourced from the HPI. The two 4 ASPARAGUS CLOSE sales from March 2006 and May 2014 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 March 2006 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the May 2014 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 4 ASPARAGUS CLOSE be worth now?

4 ASPARAGUS CLOSE might now be worth an estimated £440,240.

This is based on house price inflation of 54.5%, between May 2014 and February 2025, for semi-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 54.5% inflationary increase is applied to the most recent sale price for 4 ASPARAGUS CLOSE of £285,000 on 30th May 2014. For the value to have increased from £285,000 to £440,240 over the eleven years and three months to February 2025, the following assumptions must hold true:

• The value of 4 ASPARAGUS CLOSE has moved in line with the HPI for semi-detached houses in the West Berkshire local authority area.
• The May 2014 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 4 ASPARAGUS CLOSE has not materially changed since May 2014.

How Large is 4 ASPARAGUS CLOSE?

4 ASPARAGUS CLOSE is 76m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 10% of semi-detached houses houses in Mortimer, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Mortimer, and where 4 ASPARAGUS CLOSE lies on this distribution: 6% of semi-detached houses houses are smaller than 4 ASPARAGUS CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Mortimer.

4 ASPARAGUS CLOSE: Plot and Title Map

4 ASPARAGUS CLOSE sits on a plot of roughly 0.043 of an acre, or 176m². The below map shows the location of 4 ASPARAGUS 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 4 ASPARAGUS 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 4 ASPARAGUS CLOSE?

4 ASPARAGUS CLOSE is located in MORTIMER, in the RG7 postcode district. The below map shows the position of No. 4 on ASPARAGUS CLOSE.