15, MAYFIELD DRIVE, CAVERSHAM, READING, RG4 5JP - £373,000

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 MAYFIELD DRIVE is a very small extended semi-detached house of 75m², built sometime between 1930 and 1949, which could now be worth an estimated £461,583. It was last sold for £373,000 in December 2015, which was around 7% above the average December 2015 semi-detached price in the Reading local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

15 MAYFIELD DRIVE Sold Prices

Land registry data shows two sales for 15 MAYFIELD DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Reading local authority area for the corresponding sale date. Both of the two 15 MAYFIELD DRIVE 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
2015 11 DEC	£373,000	£347,999	7% above HPI
1996 26 SEP	£81,950	£70,979	15% above HPI

15 MAYFIELD DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Reading local authority area over time, sourced from the HPI. The two 15 MAYFIELD DRIVE sales from September 1996 and December 2015 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 1996 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the December 2015 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 15 MAYFIELD DRIVE be worth now?

15 MAYFIELD DRIVE might now be worth an estimated £461,583.

This is based on house price inflation of 23.7%, between December 2015 and February 2025, for semi-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 23.7% inflationary increase is applied to the most recent sale price for 15 MAYFIELD DRIVE of £373,000 on 11th December 2015. For the value to have increased from £373,000 to £461,583 over the ten years and ten months to February 2025, the following assumptions must hold true:

• The value of 15 MAYFIELD DRIVE has moved in line with the HPI for semi-detached houses in the Reading local authority area.
• The December 2015 sale price of £373,000 represented a fair market value for the property.
• The size, condition, and specification of 15 MAYFIELD DRIVE has not materially changed since December 2015.

How Large is 15 MAYFIELD DRIVE?

15 MAYFIELD DRIVE is 75m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the smallest 10% of semi-detached houses houses in Caversham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Caversham, and where 15 MAYFIELD DRIVE lies on this distribution: 4% of semi-detached houses houses are smaller than 15 MAYFIELD DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Caversham.

15 MAYFIELD DRIVE: Plot and Title Map

15 MAYFIELD DRIVE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 15 MAYFIELD DRIVE, 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 MAYFIELD DRIVE). 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 MAYFIELD DRIVE?

15 MAYFIELD DRIVE is located in CAVERSHAM, in the RG4 postcode district. The below map shows the position of No. 15 on MAYFIELD DRIVE.