10, PICTON WAY, CAVERSHAM, READING, RG4 8NJ - £516,000

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

10 PICTON WAY is a large extended detached house of 155m², built sometime between 1976 and 1982. It was last sold for £516,000 in July 2011, which was around 33% above the average July 2011 detached price in the Reading local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was D.

10 PICTON WAY Sold Prices

Land registry data shows two sales for 10 PICTON 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 10 PICTON WAY sales were for above 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
2011 1 JUL	£516,000	£388,748	33% above HPI
2003 24 OCT	£425,000	£325,507	31% above HPI

10 PICTON 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 10 PICTON WAY sales from October 2003 and July 2011 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 2003 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the July 2011 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 10 PICTON WAY be worth now?

10 PICTON WAY might now be worth an estimated £927,004.

This is based on house price inflation of 79.7%, between July 2011 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 79.7% inflationary increase is applied to the most recent sale price for 10 PICTON WAY of £516,000 on 1st July 2011. For the value to have increased from £516,000 to £927,004 over the twelve years and seven months to December 2024, the following assumptions must hold true:

• The value of 10 PICTON WAY has moved in line with the HPI for detached houses in the Reading local authority area.
• The July 2011 sale price of £516,000 represented a fair market value for the property.
• The size, condition, and specification of 10 PICTON WAY has not materially changed since July 2011.

How Large is 10 PICTON WAY?

10 PICTON WAY is 155m², which includes two extensions, according to the EPC inspection conducted in August 2010. This puts it in the largest 40% 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 10 PICTON WAY lies on this distribution: 65% of detached houses houses are smaller than 10 PICTON WAY, and 35% of houses are larger. Note that EPC data is not available for all properties in Caversham.

10 PICTON WAY: Plot and Title Map

10 PICTON WAY sits on a plot of roughly 0.270 of an acre, or 1,092m². The below map shows the location of 10 PICTON 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 10 PICTON 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 10 PICTON WAY?

10 PICTON WAY is located in CAVERSHAM, in the RG4 postcode district. The below map shows the position of No. 10 on PICTON WAY.