7, ILIFFE CLOSE, READING, RG1 2QE - £515,000

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.

7 ILIFFE CLOSE is a large terraced house of 151m², built sometime between 2003 and 2006, which could now be worth an estimated £513,981. It was last sold for £515,000 in August 2023, which was around 49% above the average August 2023 terraced price in the Reading local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

7 ILIFFE CLOSE Sold Prices

Land registry data shows three sales for 7 ILIFFE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Reading local authority area for the corresponding sale date. All of the three 7 ILIFFE 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
2023 25 AUG	£515,000	£346,273	49% above HPI
2015 17 JUL	£415,000	£257,379	61% above HPI
2004 23 SEP	£340,000	£167,904	102% above HPI

7 ILIFFE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Reading local authority area over time, sourced from the HPI. The three 7 ILIFFE CLOSE sales between September 2004 and August 2023 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 July 2015 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the August 2023 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 7 ILIFFE CLOSE be worth now?

7 ILIFFE CLOSE might now be worth an estimated £513,981.

This is based on house price deflation of 0.2%, between August 2023 and July 2025, for terraced 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 0.2% deflationary decrease is applied to the most recent sale price for 7 ILIFFE CLOSE of £515,000 on 25th August 2023. For the value to have decreased from £515,000 to £513,981 over the two years and one month to July 2025, the following assumptions must hold true:

• The value of 7 ILIFFE CLOSE has moved in line with the HPI for terraced houses in the Reading local authority area.
• The August 2023 sale price of £515,000 represented a fair market value for the property.
• The size, condition, and specification of 7 ILIFFE CLOSE has not materially changed since August 2023.

How Large is 7 ILIFFE CLOSE?

7 ILIFFE CLOSE is 151m² according to the EPC inspection conducted in September 2022. This puts it in the largest 30% of terraced houses houses in Reading, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Reading, and where 7 ILIFFE CLOSE lies on this distribution: 74% of terraced houses houses are smaller than 7 ILIFFE CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Reading.

7 ILIFFE CLOSE: Plot and Title Map

7 ILIFFE CLOSE sits on a plot of roughly 0.032 of an acre, or 128m². The below map shows the location of 7 ILIFFE 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 7 ILIFFE 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 7 ILIFFE CLOSE?

7 ILIFFE CLOSE is located in READING, in the RG1 postcode district. The below map shows the position of No. 7 on ILIFFE CLOSE.