4, GORDON PALMER CLOSE, MORTIMER, READING, RG7 3PZ - £499,999

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

4 GORDON PALMER CLOSE is a midsized detached house of 173m², built sometime between 1996 and 2002, which could now be worth an estimated £778,804. It was last sold for £499,999 in September 2013, which was around 12% above the average September 2013 detached price in the West Berkshire local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

4 GORDON PALMER CLOSE Sold Prices

Land registry data shows two sales for 4 GORDON PALMER 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 West Berkshire local authority area for the corresponding sale date. Both of the two 4 GORDON PALMER 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
2013 25 SEP	£499,999	£445,564	12% above HPI
2003 2 JAN	£448,000	£331,918	35% above HPI

4 GORDON PALMER 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 two 4 GORDON PALMER CLOSE sales from January 2003 and September 2013 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 2003 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the September 2013 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 4 GORDON PALMER CLOSE be worth now?

4 GORDON PALMER CLOSE might now be worth an estimated £778,804.

This is based on house price inflation of 55.8%, between September 2013 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 55.8% inflationary increase is applied to the most recent sale price for 4 GORDON PALMER CLOSE of £499,999 on 25th September 2013. For the value to have increased from £499,999 to £778,804 over the ten years and nine months to December 2024, the following assumptions must hold true:

• The value of 4 GORDON PALMER CLOSE has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The September 2013 sale price of £499,999 represented a fair market value for the property.
• The size, condition, and specification of 4 GORDON PALMER CLOSE has not materially changed since September 2013.

How Large is 4 GORDON PALMER CLOSE?

4 GORDON PALMER CLOSE is 173m² according to the EPC inspection conducted in October 2008. This puts it in the largest 50% of detached houses houses in Stratfield Mortimer, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stratfield Mortimer, and where 4 GORDON PALMER CLOSE lies on this distribution: 53% of detached houses houses are smaller than 4 GORDON PALMER CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Stratfield Mortimer.

4 GORDON PALMER CLOSE: Plot and Title Map

4 GORDON PALMER CLOSE sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of 4 GORDON PALMER 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 GORDON PALMER 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 GORDON PALMER CLOSE?

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