1, GROVE HILL, EMMER GREEN, READING, RG4 8PN - £137,500

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 GROVE HILL is a midsized detached house of 128m², built sometime between 1950 and 1966. It was last sold for £137,500 in January 1998, which was around 15% below the average January 1998 detached price in the Reading local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

1 GROVE HILL Sold Prices

Land registry data shows two sales for 1 GROVE HILL 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 1 GROVE HILL sales was for below the average price, whilst the other was 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
1998 12 JAN	£137,500	£161,338	15% below HPI
1995 19 OCT	£130,000	£117,726	10% above HPI

1 GROVE HILL 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 1 GROVE HILL sales from October 1995 and January 1998 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 1995 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the January 1998 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 1 GROVE HILL be worth now?

1 GROVE HILL might now be worth an estimated £595,204.

This is based on house price inflation of 332.9%, between January 1998 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 332.9% inflationary increase is applied to the most recent sale price for 1 GROVE HILL of £137,500 on 12th January 1998. For the value to have increased from £137,500 to £595,204 over the 25 years and one month to December 2024, the following assumptions must hold true:

• The value of 1 GROVE HILL has moved in line with the HPI for detached houses in the Reading local authority area.
• The January 1998 sale price of £137,500 represented a fair market value for the property.
• The size, condition, and specification of 1 GROVE HILL has not materially changed since January 1998.

How Large is 1 GROVE HILL?

1 GROVE HILL is 128m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 50% 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 1 GROVE HILL lies on this distribution: 44% of detached houses houses are smaller than 1 GROVE HILL, and 55% of houses are larger. Note that EPC data is not available for all properties in Caversham.

1 GROVE HILL: Plot and Title Map

1 GROVE HILL sits on a plot of roughly 0.131 of an acre, or 530m². The below map shows the location of 1 GROVE HILL, 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 GROVE HILL). 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 GROVE HILL?

1 GROVE HILL is located in EMMER GREEN, in the RG4 postcode district. The below map shows the position of No. 1 on GROVE HILL.