1, JUNCTION ROAD, READING, RG1 5SA - £555,000

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.

1 JUNCTION ROAD is a small extended detached house of 95m², built sometime before 1900, which could now be worth an estimated £538,844. It was last sold for £555,000 in September 2022, which was around 22% below the average September 2022 detached price in the Reading local authority area. The most recent EPC inspection was March 2021, where the current energy rating was E, and the potential energy rating was C.

1 JUNCTION ROAD Sold Prices

Land registry data shows two sales for 1 JUNCTION ROAD 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 1 JUNCTION ROAD 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
2022 9 SEP	£555,000	£713,428	22% below HPI
2009 26 OCT	£296,000	£366,978	19% below HPI

1 JUNCTION ROAD 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 JUNCTION ROAD sales from October 2009 and September 2022 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 2009 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2022 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 1 JUNCTION ROAD be worth now?

1 JUNCTION ROAD might now be worth an estimated £538,844.

This is based on house price deflation of 2.9%, between September 2022 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 2.9% deflationary decrease is applied to the most recent sale price for 1 JUNCTION ROAD of £555,000 on 9th September 2022. For the value to have decreased from £555,000 to £538,844 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 1 JUNCTION ROAD has moved in line with the HPI for detached houses in the Reading local authority area.
• The September 2022 sale price of £555,000 represented a fair market value for the property.
• The size, condition, and specification of 1 JUNCTION ROAD has not materially changed since September 2022.

How Large is 1 JUNCTION ROAD?

1 JUNCTION ROAD is 95m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the smallest 30% 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 JUNCTION ROAD lies on this distribution: 24% of detached houses houses are smaller than 1 JUNCTION ROAD, and 76% of houses are larger. Note that EPC data is not available for all properties in Reading.

1 JUNCTION ROAD: Plot and Title Map

1 JUNCTION ROAD sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 1 JUNCTION ROAD, 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 JUNCTION ROAD). 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 JUNCTION ROAD?

1 JUNCTION ROAD is located in READING, in the RG1 postcode district. The below map shows the position of No. 1 on JUNCTION ROAD.