40, RIDGE HALL CLOSE, CAVERSHAM, READING, RG4 7EP - £512,500

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.

40 RIDGE HALL CLOSE is a large detached house of 166m², built sometime between 1967 and 1975, which could now be worth an estimated £894,763. It was last sold for £512,500 in October 2011, which was around 29% above the average October 2011 detached price in the Reading local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

40 RIDGE HALL CLOSE Sold Prices

Land registry data shows two sales for 40 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 40 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
2011 14 OCT	£512,500	£396,740	29% above HPI
1997 3 JAN	£185,000	£129,480	43% above HPI

40 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 40 RIDGE HALL CLOSE sales from January 1997 and October 2011 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 1997 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the October 2011 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 40 RIDGE HALL CLOSE be worth now?

40 RIDGE HALL CLOSE might now be worth an estimated £894,763.

This is based on house price inflation of 74.6%, between October 2011 and February 2025, 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 74.6% inflationary increase is applied to the most recent sale price for 40 RIDGE HALL CLOSE of £512,500 on 14th October 2011. For the value to have increased from £512,500 to £894,763 over the fourteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 40 RIDGE HALL CLOSE has moved in line with the HPI for detached houses in the Reading local authority area.
• The October 2011 sale price of £512,500 represented a fair market value for the property.
• The size, condition, and specification of 40 RIDGE HALL CLOSE has not materially changed since October 2011.

How Large is 40 RIDGE HALL CLOSE?

40 RIDGE HALL CLOSE is 166m² according to the EPC inspection conducted in March 2011. This puts it in the largest 30% 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 40 RIDGE HALL CLOSE lies on this distribution: 72% of detached houses houses are smaller than 40 RIDGE HALL CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Caversham.

40 RIDGE HALL CLOSE: Plot and Title Map

40 RIDGE HALL CLOSE sits on a plot of roughly 0.171 of an acre, or 691m². The below map shows the location of 40 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 40 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 40 RIDGE HALL CLOSE?

40 RIDGE HALL CLOSE is located in CAVERSHAM, in the RG4 postcode district. The below map shows the position of No. 40 on RIDGE HALL CLOSE.