15, GROVE HILL, EMMER GREEN, READING, RG4 8PN - £880,000

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.

15 GROVE HILL is a very large extended detached house of 219m², built sometime between 1930 and 1949, which could now be worth an estimated £840,501. It was last sold for £880,000 in November 2022, which was around 21% above the average November 2022 detached price in the Reading local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was C.

15 GROVE HILL Sold Prices

Land registry data shows three sales for 15 GROVE HILL 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 15 GROVE HILL 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
2022 9 NOV	£880,000	£725,211	21% above HPI
2004 6 APR	£395,000	£331,842	19% above HPI
1998 19 OCT	£105,000	£178,499	41% below HPI

15 GROVE HILL 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 15 GROVE HILL sales between October 1998 and November 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 April 2004 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the November 2022 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 15 GROVE HILL be worth now?

15 GROVE HILL might now be worth an estimated £840,501.

This is based on house price deflation of 4.5%, between November 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 4.5% deflationary decrease is applied to the most recent sale price for 15 GROVE HILL of £880,000 on 9th November 2022. For the value to have decreased from £880,000 to £840,501 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 15 GROVE HILL has moved in line with the HPI for detached houses in the Reading local authority area.
• The November 2022 sale price of £880,000 represented a fair market value for the property.
• The size, condition, and specification of 15 GROVE HILL has not materially changed since November 2022.

How Large is 15 GROVE HILL?

15 GROVE HILL is 219m², which includes three extensions, according to the EPC inspection conducted in March 2022. 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 15 GROVE HILL lies on this distribution: 91% of detached houses houses are smaller than 15 GROVE HILL, and 9% of houses are larger. Note that EPC data is not available for all properties in Caversham.

15 GROVE HILL: Plot and Title Map

15 GROVE HILL sits on a plot of roughly 0.156 of an acre, or 632m². The below map shows the location of 15 GROVE HILL, 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 15 GROVE HILL). 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 15 GROVE HILL?

15 GROVE HILL is located in EMMER GREEN, in the RG4 postcode district. The below map shows the position of No. 15 on GROVE HILL.