1, OVERTON DRIVE, CAVERSHAM, READING, RG4 5DN - £500,000

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 OVERTON DRIVE is a very small extended detached house of 100m², built sometime from 2007 onwards. It was last sold for £500,000 in April 2017, which was around 19% below the average April 2017 detached price in the Reading local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

1 OVERTON DRIVE Sold Prices

Land registry data shows two sales for 1 OVERTON DRIVE 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 OVERTON DRIVE 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
2017 20 APR	£500,000	£617,509	19% below HPI
2009 17 DEC	£340,000	£369,513	8% below HPI

1 OVERTON DRIVE 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 OVERTON DRIVE sales from December 2009 and April 2017 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 December 2009 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the April 2017 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 1 OVERTON DRIVE be worth now?

1 OVERTON DRIVE might now be worth an estimated £565,492.

This is based on house price inflation of 13.1%, between April 2017 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 13.1% inflationary increase is applied to the most recent sale price for 1 OVERTON DRIVE of £500,000 on 20th April 2017. For the value to have increased from £500,000 to £565,492 over the six years and four months to December 2024, the following assumptions must hold true:

• The value of 1 OVERTON DRIVE has moved in line with the HPI for detached houses in the Reading local authority area.
• The April 2017 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 1 OVERTON DRIVE has not materially changed since April 2017.

How Large is 1 OVERTON DRIVE?

1 OVERTON DRIVE is 100m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 20% 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 OVERTON DRIVE lies on this distribution: 19% of detached houses houses are smaller than 1 OVERTON DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Caversham.

1 OVERTON DRIVE: Plot and Title Map

1 OVERTON DRIVE sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 1 OVERTON DRIVE, 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 OVERTON DRIVE). 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 OVERTON DRIVE?

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