161, MAYFIELD DRIVE, CAVERSHAM, READING, RG4 5JR - £505,000

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

161 MAYFIELD DRIVE is a small extended detached house of 102m², built sometime between 1930 and 1949. It was last sold for £505,000 in January 2022, which was around 24% below the average January 2022 detached price in the Reading local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

161 MAYFIELD DRIVE Sold Prices

Land registry data shows two sales for 161 MAYFIELD DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Reading local authority area for the corresponding sale date. Both of the two 161 MAYFIELD DRIVE 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 19 JAN	£505,000	£663,628	24% below HPI
2000 11 JUL	£119,000	£255,350	53% below HPI

161 MAYFIELD DRIVE 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 two 161 MAYFIELD DRIVE sales from July 2000 and January 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 July 2000 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the January 2022 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 161 MAYFIELD DRIVE?

161 MAYFIELD DRIVE is 102m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the smallest 30% of detached houses in Caversham, based on EPC data. The below chart shows the distribution of detached houses by size in Caversham, and where 161 MAYFIELD DRIVE lies on this distribution: 21% of detached houses are smaller than 161 MAYFIELD DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in Caversham.

161 MAYFIELD DRIVE: Plot and Title Map

161 MAYFIELD DRIVE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 161 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 161 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 161 MAYFIELD DRIVE?

161 MAYFIELD DRIVE is located in CAVERSHAM, in the RG4 postcode district. The below map shows the position of No. 161 on MAYFIELD DRIVE.