1, KELVEDON WAY, CAVERSHAM, READING, RG4 7JD - £480,000

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 KELVEDON WAY is a very small detached house of 77m², built sometime between 1967 and 1975, which could now be worth an estimated £493,704. It was last sold for £480,000 in March 2022, which was around 29% below the average March 2022 detached price in the Reading local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was C.

1 KELVEDON WAY Sold Prices

Land registry data shows three sales for 1 KELVEDON WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Reading local authority area for the corresponding sale date. All of the three 1 KELVEDON WAY 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 24 MAR	£480,000	£679,008	29% below HPI
1998 13 FEB	£116,000	£157,694	26% below HPI
1995 12 JUL	£96,000	£121,503	21% below HPI

1 KELVEDON WAY 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 three 1 KELVEDON WAY sales between July 1995 and March 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 February 1998 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the March 2022 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 1 KELVEDON WAY be worth now?

1 KELVEDON WAY might now be worth an estimated £493,704.

This is based on house price inflation of 2.9%, between March 2022 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 2.9% inflationary increase is applied to the most recent sale price for 1 KELVEDON WAY of £480,000 on 24th March 2022. For the value to have increased from £480,000 to £493,704 over the one year and three months to December 2024, the following assumptions must hold true:

• The value of 1 KELVEDON WAY has moved in line with the HPI for detached houses in the Reading local authority area.
• The March 2022 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 1 KELVEDON WAY has not materially changed since March 2022.

How Large is 1 KELVEDON WAY?

1 KELVEDON WAY is 77m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% 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 KELVEDON WAY lies on this distribution: 5% of detached houses houses are smaller than 1 KELVEDON WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Caversham.

1 KELVEDON WAY: Plot and Title Map

1 KELVEDON WAY sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 1 KELVEDON WAY, 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 KELVEDON WAY). 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 KELVEDON WAY?

1 KELVEDON WAY is located in CAVERSHAM, in the RG4 postcode district. The below map shows the position of No. 1 on KELVEDON WAY.