14, MORLAIS, EMMER GREEN, READING, RG4 8PQ - £250,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

14 MORLAIS is a very small detached house of 74m², built sometime between 1976 and 1982. It was last sold for £250,000 in April 2008, which was around 37% below the average April 2008 detached price in the Reading local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

14 MORLAIS Sold Prices

Land registry data shows four sales for 14 MORLAIS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Reading local authority area for the corresponding sale date. Most of the four 14 MORLAIS 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
2008 25 APR	£250,000	£397,685	37% below HPI
2000 24 MAY	£160,000	£245,201	35% below HPI
1998 4 NOV	£122,500	£175,843	30% below HPI
1995 30 JUN	£119,995	£117,520	2% above HPI

14 MORLAIS 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 four 14 MORLAIS sales between June 1995 and April 2008 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 May 2000 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the April 2008 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 14 MORLAIS?

14 MORLAIS is 74m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 10% of detached houses in Caversham, based on EPC data. The below chart shows the distribution of detached houses by size in Caversham, and where 14 MORLAIS lies on this distribution: 3% of detached houses are smaller than 14 MORLAIS, and 96% of houses are larger. Note that EPC data is not available for all properties in Caversham.

14 MORLAIS: Plot and Title Map

14 MORLAIS sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 14 MORLAIS, 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 MORLAIS). 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 MORLAIS?

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