12, RICHMOND ROAD, CAVERSHAM, READING, RG4 7PP - £1,100,000

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 RICHMOND ROAD is a very large extended detached house of 200m², built sometime between 1950 and 1966, which could now be worth an estimated £1,233,028. It was last sold for £1,100,000 in July 2021, which was around 78% above the average July 2021 detached price in the Reading local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was C.

12 RICHMOND ROAD Sold Prices

Land registry data shows three sales for 12 RICHMOND ROAD 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 12 RICHMOND ROAD 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
2021 29 JUL	£1,100,000	£617,931	78% above HPI
2012 8 JUN	£705,000	£402,956	75% above HPI
2001 4 APR	£342,000	£260,181	31% above HPI

12 RICHMOND 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 three 12 RICHMOND ROAD sales between April 2001 and July 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 June 2012 sale was for 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the July 2021 sale, where it rises to 78% above the HPI. The line then continues to track at 78% above the HPI.

What might 12 RICHMOND ROAD be worth now?

12 RICHMOND ROAD might now be worth an estimated £1,233,028.

This is based on house price inflation of 12.1%, between July 2021 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 12.1% inflationary increase is applied to the most recent sale price for 12 RICHMOND ROAD of £1,100,000 on 29th July 2021. For the value to have increased from £1,100,000 to £1,233,028 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of 12 RICHMOND ROAD has moved in line with the HPI for detached houses in the Reading local authority area.
• The July 2021 sale price of £1,100,000 represented a fair market value for the property.
• The size, condition, and specification of 12 RICHMOND ROAD has not materially changed since July 2021.

How Large is 12 RICHMOND ROAD?

12 RICHMOND ROAD is 200m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the largest 20% 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 RICHMOND ROAD lies on this distribution: 85% of detached houses houses are smaller than 12 RICHMOND ROAD, and 15% of houses are larger. Note that EPC data is not available for all properties in Caversham.

12 RICHMOND ROAD: Plot and Title Map

12 RICHMOND ROAD sits on a plot of roughly 0.160 of an acre, or 647m². The below map shows the location of 12 RICHMOND 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 12 RICHMOND 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 12 RICHMOND ROAD?

12 RICHMOND ROAD is located in CAVERSHAM, in the RG4 postcode district. The below map shows the position of No. 12 on RICHMOND ROAD.