1, PILGRIMS WAY, EMMER GREEN, READING, RG4 8RW - £405,000

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 PILGRIMS WAY is a small extended detached house of 105m², built sometime between 2003 and 2006. It was last sold for £405,000 in June 2014, which was around 13% below the average June 2014 detached price in the Reading local authority area. The most recent EPC inspection was February 2011, where the current energy rating was C, and the potential energy rating was C.

1 PILGRIMS WAY Sold Prices

Land registry data shows two sales for 1 PILGRIMS WAY 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 PILGRIMS 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
2014 25 JUN	£405,000	£466,329	13% below HPI
2006 29 SEP	£355,000	£373,438	5% below HPI

1 PILGRIMS 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 two 1 PILGRIMS WAY sales from September 2006 and June 2014 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 September 2006 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the June 2014 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 1 PILGRIMS WAY be worth now?

1 PILGRIMS WAY might now be worth an estimated £606,544.

This is based on house price inflation of 49.8%, between June 2014 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 49.8% inflationary increase is applied to the most recent sale price for 1 PILGRIMS WAY of £405,000 on 25th June 2014. For the value to have increased from £405,000 to £606,544 over the nine years and six months to December 2024, the following assumptions must hold true:

• The value of 1 PILGRIMS WAY has moved in line with the HPI for detached houses in the Reading local authority area.
• The June 2014 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PILGRIMS WAY has not materially changed since June 2014.

How Large is 1 PILGRIMS WAY?

1 PILGRIMS WAY is 105m², which includes one extension, according to the EPC inspection conducted in February 2011. This puts it in the smallest 30% 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 PILGRIMS WAY lies on this distribution: 23% of detached houses houses are smaller than 1 PILGRIMS WAY, and 77% of houses are larger. Note that EPC data is not available for all properties in Caversham.

1 PILGRIMS WAY: Plot and Title Map

1 PILGRIMS WAY sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 1 PILGRIMS 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 PILGRIMS 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 PILGRIMS WAY?

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