10, PARK GROVE, READING, RG30 2NJ - £330,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

10 PARK GROVE is a very small extended detached house of 65m², built sometime between 1930 and 1949. It was last sold for £330,000 in June 2021, which was around 45% below the average June 2021 detached price in the Reading local authority area. The most recent EPC inspection was August 2020, where the current energy rating was E, and the potential energy rating was B.

10 PARK GROVE Sold Prices

Land registry data shows three sales for 10 PARK GROVE 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 10 PARK GROVE 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
2021 29 JUN	£330,000	£604,748	45% below HPI
2004 16 JUL	£219,950	£333,268	34% below HPI
2001 2 APR	£137,950	£255,837	46% below HPI

10 PARK GROVE 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 10 PARK GROVE sales between April 2001 and June 2021 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 July 2004 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2021 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 10 PARK GROVE?

10 PARK GROVE is 65m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 10 PARK GROVE lies on this distribution: 4% of detached houses are smaller than 10 PARK GROVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Reading.

10 PARK GROVE: Plot and Title Map

10 PARK GROVE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 10 PARK GROVE, 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 10 PARK GROVE). 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 10 PARK GROVE?

10 PARK GROVE is located in READING, in the RG30 postcode district. The below map shows the position of No. 10 on PARK GROVE.