14, MILL GREEN, CAVERSHAM, READING, RG4 8EX - £440,000

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.

14 MILL GREEN is a very small extended detached house of 85m², built sometime between 1996 and 2002, which could now be worth an estimated £426,328. It was last sold for £440,000 in October 2022, which was around 38% below the average October 2022 detached price in the Reading local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

14 MILL GREEN Sold Prices

Land registry data shows nine sales for 14 MILL GREEN since 1^st January 1995. The below table shows the price paid for the nine sales, along with the average detached price in the Reading local authority area for the corresponding sale date. All of the nine 14 MILL GREEN 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
2022 14 OCT	£440,000	£714,873	38% below HPI
2022 30 SEP	£440,000	£713,428	38% below HPI
2017 30 JUN	£395,000	£620,918	36% below HPI
2013 12 DEC	£293,000	£431,510	32% below HPI
2006 21 AUG	£265,000	£365,462	27% below HPI
2003 21 MAR	£225,000	£339,368	34% below HPI
1998 6 OCT	£133,950	£178,499	25% below HPI
1998 20 JAN	£40,000	£161,338	75% below HPI
1997 10 JUN	£25,000	£136,517	82% below HPI

14 MILL GREEN 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 nine 14 MILL GREEN sales between June 1997 and October 2022 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 September 2022 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the October 2022 sale, which was also at 38% below the HPI.

What might 14 MILL GREEN be worth now?

14 MILL GREEN might now be worth an estimated £426,328.

This is based on house price deflation of 3.1%, between October 2022 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 3.1% deflationary decrease is applied to the most recent sale price for 14 MILL GREEN of £440,000 on 14th October 2022. For the value to have decreased from £440,000 to £426,328 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 14 MILL GREEN has moved in line with the HPI for detached houses in the Reading local authority area.
• The October 2022 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 14 MILL GREEN has not materially changed since October 2022.

How Large is 14 MILL GREEN?

14 MILL GREEN is 85m², which includes two extensions, according to the EPC inspection conducted in January 2022. This puts it in the smallest 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 14 MILL GREEN lies on this distribution: 8% of detached houses houses are smaller than 14 MILL GREEN, and 92% of houses are larger. Note that EPC data is not available for all properties in Caversham.

14 MILL GREEN: Plot and Title Map

14 MILL GREEN sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 14 MILL GREEN, 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 14 MILL GREEN). 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 14 MILL GREEN?

14 MILL GREEN is located in CAVERSHAM, in the RG4 postcode district. The below map shows the position of No. 14 on MILL GREEN.