43, CARDINAL CLOSE, CAVERSHAM, READING, RG4 8BZ - £340,000

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

43 CARDINAL CLOSE is a midsized extended detached house of 145m², built sometime between 1976 and 1982. It was last sold for £340,000 in July 2011, which was around 13% below the average July 2011 detached price in the Reading local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

43 CARDINAL CLOSE Sold Prices

Land registry data shows two sales for 43 CARDINAL 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 43 CARDINAL 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
2011 1 JUL	£340,000	£388,748	13% below HPI
2006 19 DEC	£315,000	£380,018	17% below HPI

43 CARDINAL 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 43 CARDINAL CLOSE sales from December 2006 and July 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 December 2006 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the July 2011 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 43 CARDINAL CLOSE be worth now?

43 CARDINAL CLOSE might now be worth an estimated £610,816.

This is based on house price inflation of 79.7%, between July 2011 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 79.7% inflationary increase is applied to the most recent sale price for 43 CARDINAL CLOSE of £340,000 on 1st July 2011. For the value to have increased from £340,000 to £610,816 over the twelve years and seven months to December 2024, the following assumptions must hold true:

• The value of 43 CARDINAL CLOSE has moved in line with the HPI for detached houses in the Reading local authority area.
• The July 2011 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 43 CARDINAL CLOSE has not materially changed since July 2011.

How Large is 43 CARDINAL CLOSE?

43 CARDINAL CLOSE is 145m², which includes two extensions, according to the EPC inspection conducted in June 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 43 CARDINAL CLOSE lies on this distribution: 59% of detached houses houses are smaller than 43 CARDINAL CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Caversham.

43 CARDINAL CLOSE: Plot and Title Map

43 CARDINAL CLOSE sits on a plot of roughly 0.030 of an acre, or 121m². The below map shows the location of 43 CARDINAL 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 43 CARDINAL 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 43 CARDINAL CLOSE?

43 CARDINAL CLOSE is located in CAVERSHAM, in the RG4 postcode district. The below map shows the position of No. 43 on CARDINAL CLOSE.