118, CRESSINGHAM ROAD, READING, RG2 7JS - £171,500

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

118 CRESSINGHAM ROAD is a very small extended semi-detached house of 68m², built sometime between 1950 and 1966. It was last sold for £171,500 in March 2007, which was around 56% below the average March 2007 detached price in the Reading local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

118 CRESSINGHAM ROAD Sold Prices

Land registry data shows two sales for 118 CRESSINGHAM ROAD 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 118 CRESSINGHAM ROAD 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
2007 30 MAR	£171,500	£388,632	56% below HPI
1997 11 JUL	£60,000	£137,373	56% below HPI

118 CRESSINGHAM ROAD 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 118 CRESSINGHAM ROAD sales from July 1997 and March 2007 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 1997 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the March 2007 sale, which was also at 56% below the HPI.

How Large is 118 CRESSINGHAM ROAD?

118 CRESSINGHAM ROAD is 68m², which includes one extension, according to the EPC inspection conducted in November 2016. 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 118 CRESSINGHAM ROAD lies on this distribution: 5% of detached houses are smaller than 118 CRESSINGHAM ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Reading.

118 CRESSINGHAM ROAD: Plot and Title Map

118 CRESSINGHAM ROAD sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 118 CRESSINGHAM ROAD, 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 118 CRESSINGHAM ROAD). 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 118 CRESSINGHAM ROAD?

118 CRESSINGHAM ROAD is located in READING, in the RG2 postcode district. The below map shows the position of No. 118 on CRESSINGHAM ROAD.