12, ERIC AVENUE, EMMER GREEN, READING, RG4 8QX - £1,160,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 ERIC AVENUE is a very large detached house of 281m², built sometime between 2003 and 2006, which could now be worth an estimated £1,189,570. It was last sold for £1,160,000 in February 2024, which was around 72% above the average February 2024 detached price in the Reading local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

12 ERIC AVENUE Sold Prices

Land registry data shows three sales for 12 ERIC AVENUE 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. Two of the three 12 ERIC AVENUE sales were for above the average price, whilst one was 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
2024 8 FEB	£1,160,000	£675,442	72% above HPI
2011 8 APR	£780,000	£397,740	96% above HPI
2006 7 SEP	£330,000	£373,438	12% below HPI

12 ERIC AVENUE 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 12 ERIC AVENUE sales between September 2006 and February 2024 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 April 2011 sale was for 96% above the HPI. So the extrapolation line tracks at 96% above the HPI over time, until the February 2024 sale, where it falls to 72% above the HPI. The line then continues to track at 72% above the HPI.

What might 12 ERIC AVENUE be worth now?

12 ERIC AVENUE might now be worth an estimated £1,189,570.

This is based on house price inflation of 2.5%, between February 2024 and February 2025, 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 2.5% inflationary increase is applied to the most recent sale price for 12 ERIC AVENUE of £1,160,000 on 8th February 2024. For the value to have increased from £1,160,000 to £1,189,570 over the one year to February 2025, the following assumptions must hold true:

• The value of 12 ERIC AVENUE has moved in line with the HPI for detached houses in the Reading local authority area.
• The February 2024 sale price of £1,160,000 represented a fair market value for the property.
• The size, condition, and specification of 12 ERIC AVENUE has not materially changed since February 2024.

How Large is 12 ERIC AVENUE?

12 ERIC AVENUE is 281m² according to the EPC inspection conducted in July 2023. This puts it in the largest 10% 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 12 ERIC AVENUE lies on this distribution: 97% of detached houses houses are smaller than 12 ERIC AVENUE, and 3% of houses are larger. Note that EPC data is not available for all properties in Caversham.

12 ERIC AVENUE: Plot and Title Map

12 ERIC AVENUE sits on a plot of roughly 0.184 of an acre, or 743m². The below map shows the location of 12 ERIC AVENUE, 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 12 ERIC AVENUE). 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 12 ERIC AVENUE?

12 ERIC AVENUE is located in EMMER GREEN, in the RG4 postcode district. The below map shows the position of No. 12 on ERIC AVENUE.