17, PINEWOOD DRIVE, CAVERSHAM, READING, RG4 7LJ - £365,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

17 PINEWOOD DRIVE is a midsized detached house of 137m², built sometime between 1991 and 1995. It was last sold for £365,000 in November 2006, which was around 5% below the average November 2006 detached price in the Reading local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

17 PINEWOOD DRIVE Sold Prices

Land registry data shows three sales for 17 PINEWOOD DRIVE 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 17 PINEWOOD DRIVE sales were for below the average price, whilst one was 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
2006 24 NOV	£365,000	£382,405	5% below HPI
2003 5 DEC	£325,000	£327,875	1% below HPI
1996 12 APR	£167,500	£117,700	42% above HPI

17 PINEWOOD 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 three 17 PINEWOOD DRIVE sales between April 1996 and November 2006 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 December 2003 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the November 2006 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 17 PINEWOOD DRIVE be worth now?

17 PINEWOOD DRIVE might now be worth an estimated £666,606.

This is based on house price inflation of 82.6%, between November 2006 and December 2024, 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 82.6% inflationary increase is applied to the most recent sale price for 17 PINEWOOD DRIVE of £365,000 on 24th November 2006. For the value to have increased from £365,000 to £666,606 over the seventeen years and eleven months to December 2024, the following assumptions must hold true:

• The value of 17 PINEWOOD DRIVE has moved in line with the HPI for detached houses in the Reading local authority area.
• The November 2006 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 17 PINEWOOD DRIVE has not materially changed since November 2006.

How Large is 17 PINEWOOD DRIVE?

17 PINEWOOD DRIVE is 137m² according to the EPC inspection conducted in May 2016. This puts it in the largest 50% 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 17 PINEWOOD DRIVE lies on this distribution: 53% of detached houses houses are smaller than 17 PINEWOOD DRIVE, and 47% of houses are larger. Note that EPC data is not available for all properties in Caversham.

17 PINEWOOD DRIVE: Plot and Title Map

17 PINEWOOD DRIVE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 17 PINEWOOD 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 17 PINEWOOD 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 17 PINEWOOD DRIVE?

17 PINEWOOD DRIVE is located in CAVERSHAM, in the RG4 postcode district. The below map shows the position of No. 17 on PINEWOOD DRIVE.