5, ORKNEY CLOSE, CALCOT, READING, RG31 7YW - £565,000

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

5 ORKNEY CLOSE is a midsized extended detached house of 122m², built sometime between 1976 and 1982, which could now be worth an estimated £605,587. It was last sold for £565,000 in November 2021, which was around 13% below the average November 2021 detached price in the West Berkshire local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

5 ORKNEY CLOSE Sold Prices

Land registry data shows three sales for 5 ORKNEY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. All of the three 5 ORKNEY 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
2021 16 NOV	£565,000	£647,502	13% below HPI
2017 26 JUN	£530,000	£584,279	9% below HPI
2013 22 NOV	£385,000	£448,278	14% below HPI

5 ORKNEY 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 three 5 ORKNEY CLOSE sales between November 2013 and November 2021 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 June 2017 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the November 2021 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 5 ORKNEY CLOSE be worth now?

5 ORKNEY CLOSE might now be worth an estimated £605,587.

This is based on house price inflation of 7.2%, between November 2021 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 7.2% inflationary increase is applied to the most recent sale price for 5 ORKNEY CLOSE of £565,000 on 16th November 2021. For the value to have increased from £565,000 to £605,587 over the two years and eleven months to December 2024, the following assumptions must hold true:

• The value of 5 ORKNEY CLOSE has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The November 2021 sale price of £565,000 represented a fair market value for the property.
• The size, condition, and specification of 5 ORKNEY CLOSE has not materially changed since November 2021.

How Large is 5 ORKNEY CLOSE?

5 ORKNEY CLOSE is 122m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the largest 50% of detached houses houses in Reading, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reading, and where 5 ORKNEY CLOSE lies on this distribution: 52% of detached houses houses are smaller than 5 ORKNEY CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Reading.

5 ORKNEY CLOSE: Plot and Title Map

5 ORKNEY CLOSE sits on a plot of roughly 0.129 of an acre, or 524m². The below map shows the location of 5 ORKNEY 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 5 ORKNEY 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 5 ORKNEY CLOSE?

5 ORKNEY CLOSE is located in CALCOT, in the RG31 postcode district. The below map shows the position of No. 5 on ORKNEY CLOSE.