9, TOWER CLOSE, EMMER GREEN, READING, RG4 8UU - £440,000

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

9 TOWER CLOSE is a large extended detached house of 161m², built sometime between 1967 and 1975. It was last sold for £440,000 in December 2013, which was around 2% above the average December 2013 detached price in the Reading local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was C.

9 TOWER CLOSE Sold Prices

Land registry data shows two sales for 9 TOWER 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. One of the two 9 TOWER CLOSE sales was for above the average price, whilst the other was 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
2013 13 DEC	£440,000	£431,510	2% above HPI
2002 28 FEB	£240,000	£291,020	18% below HPI

9 TOWER 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 9 TOWER CLOSE sales from February 2002 and December 2013 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 February 2002 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2013 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 9 TOWER CLOSE be worth now?

9 TOWER CLOSE might now be worth an estimated £712,134.

This is based on house price inflation of 61.8%, between December 2013 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 61.8% inflationary increase is applied to the most recent sale price for 9 TOWER CLOSE of £440,000 on 13th December 2013. For the value to have increased from £440,000 to £712,134 over the eleven years to December 2024, the following assumptions must hold true:

• The value of 9 TOWER CLOSE has moved in line with the HPI for detached houses in the Reading local authority area.
• The December 2013 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 9 TOWER CLOSE has not materially changed since December 2013.

How Large is 9 TOWER CLOSE?

9 TOWER CLOSE is 161m², which includes two extensions, according to the EPC inspection conducted in May 2013. This puts it in the largest 40% 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 9 TOWER CLOSE lies on this distribution: 69% of detached houses houses are smaller than 9 TOWER CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Caversham.

9 TOWER CLOSE: Plot and Title Map

9 TOWER CLOSE sits on a plot of roughly 0.147 of an acre, or 593m². The below map shows the location of 9 TOWER 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 9 TOWER 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 9 TOWER CLOSE?

9 TOWER CLOSE is located in EMMER GREEN, in the RG4 postcode district. The below map shows the position of No. 9 on TOWER CLOSE.