1, BANCROFT PLACE, CALCOT, READING, RG31 7BH - £346,000

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

1 BANCROFT PLACE is a very large detached house of 161m², built sometime between 1983 and 1990, which could now be worth an estimated £570,883. It was last sold for £346,000 in November 2011, which was around 18% below the average November 2011 detached price in the West Berkshire local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

1 BANCROFT PLACE Sold Prices

Land registry data shows three sales for 1 BANCROFT PLACE 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 1 BANCROFT PLACE 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 4 NOV	£346,000	£420,628	18% below HPI
2006 19 MAY	£250,000	£370,639	33% below HPI
1997 11 JUL	£122,000	£155,305	21% below HPI

1 BANCROFT PLACE 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 1 BANCROFT PLACE sales between July 1997 and November 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 May 2006 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2011 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 1 BANCROFT PLACE be worth now?

1 BANCROFT PLACE might now be worth an estimated £570,883.

This is based on house price inflation of 65%, between November 2011 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 65% inflationary increase is applied to the most recent sale price for 1 BANCROFT PLACE of £346,000 on 4th November 2011. For the value to have increased from £346,000 to £570,883 over the twelve years and eleven months to December 2024, the following assumptions must hold true:

• The value of 1 BANCROFT PLACE has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The November 2011 sale price of £346,000 represented a fair market value for the property.
• The size, condition, and specification of 1 BANCROFT PLACE has not materially changed since November 2011.

How Large is 1 BANCROFT PLACE?

1 BANCROFT PLACE is 161m² according to the EPC inspection conducted in May 2022. This puts it in the largest 20% 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 1 BANCROFT PLACE lies on this distribution: 80% of detached houses houses are smaller than 1 BANCROFT PLACE, and 19% of houses are larger. Note that EPC data is not available for all properties in Reading.

1 BANCROFT PLACE: Plot and Title Map

1 BANCROFT PLACE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 1 BANCROFT PLACE, 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 1 BANCROFT PLACE). 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 1 BANCROFT PLACE?

1 BANCROFT PLACE is located in CALCOT, in the RG31 postcode district. The below map shows the position of No. 1 on BANCROFT PLACE.