8, THE HORSE CLOSE, EMMER GREEN, READING, RG4 8TT - £310,000

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.

8 THE HORSE CLOSE is a very small detached house of 97m², built sometime between 1967 and 1975, which could now be worth an estimated £602,122. It was last sold for £310,000 in July 2009, which was around 13% below the average July 2009 detached price in the Reading local authority area. The most recent EPC inspection was January 2016, where the current energy rating was E, and the potential energy rating was C.

8 THE HORSE CLOSE Sold Prices

Land registry data shows two sales for 8 THE HORSE 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 8 THE HORSE 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
2009 17 JUL	£310,000	£356,613	13% below HPI
2007 3 OCT	£250,000	£417,021	40% below HPI

8 THE HORSE 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 8 THE HORSE CLOSE sales from October 2007 and July 2009 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 October 2007 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the July 2009 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 8 THE HORSE CLOSE be worth now?

8 THE HORSE CLOSE might now be worth an estimated £602,122.

This is based on house price inflation of 94.2%, between July 2009 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 94.2% inflationary increase is applied to the most recent sale price for 8 THE HORSE CLOSE of £310,000 on 17th July 2009. For the value to have increased from £310,000 to £602,122 over the sixteen years and five months to February 2025, the following assumptions must hold true:

• The value of 8 THE HORSE CLOSE has moved in line with the HPI for detached houses in the Reading local authority area.
• The July 2009 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THE HORSE CLOSE has not materially changed since July 2009.

How Large is 8 THE HORSE CLOSE?

8 THE HORSE CLOSE is 97m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 20% 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 8 THE HORSE CLOSE lies on this distribution: 17% of detached houses houses are smaller than 8 THE HORSE CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Caversham.

8 THE HORSE CLOSE: Plot and Title Map

8 THE HORSE CLOSE sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 8 THE HORSE 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 8 THE HORSE 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 8 THE HORSE CLOSE?

8 THE HORSE CLOSE is located in EMMER GREEN, in the RG4 postcode district. The below map shows the position of No. 8 on THE HORSE CLOSE.