18, 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

18 PINEWOOD DRIVE is a large detached house of 155m², built sometime between 1996 and 2002. It was last sold for £365,000 in November 2004, which was around 2% above the average November 2004 detached price in the Reading local authority area. The most recent EPC inspection was August 2024, where the current energy rating was C, and the potential energy rating was B.

18 PINEWOOD DRIVE Sold Prices

Land registry data shows two sales for 18 PINEWOOD 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 18 PINEWOOD 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
2004 10 NOV	£365,000	£356,719	2% above HPI
1997 21 FEB	£185,000	£131,092	41% above HPI

18 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 two 18 PINEWOOD DRIVE sales from February 1997 and November 2004 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 February 1997 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the November 2004 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 18 PINEWOOD DRIVE be worth now?

18 PINEWOOD DRIVE might now be worth an estimated £714,606.

This is based on house price inflation of 95.8%, between November 2004 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 95.8% inflationary increase is applied to the most recent sale price for 18 PINEWOOD DRIVE of £365,000 on 10th November 2004. For the value to have increased from £365,000 to £714,606 over the nineteen years and eleven months to December 2024, the following assumptions must hold true:

• The value of 18 PINEWOOD DRIVE has moved in line with the HPI for detached houses in the Reading local authority area.
• The November 2004 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 18 PINEWOOD DRIVE has not materially changed since November 2004.

How Large is 18 PINEWOOD DRIVE?

18 PINEWOOD DRIVE is 155m² according to the EPC inspection conducted in August 2024. This puts it in the largest 40% 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 18 PINEWOOD DRIVE lies on this distribution: 65% of detached houses houses are smaller than 18 PINEWOOD DRIVE, and 34% of houses are larger. Note that EPC data is not available for all properties in Caversham.

18 PINEWOOD DRIVE: Plot and Title Map

18 PINEWOOD DRIVE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 18 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 18 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 18 PINEWOOD DRIVE?

18 PINEWOOD DRIVE is located in CAVERSHAM, in the RG4 postcode district. The below map shows the position of No. 18 on PINEWOOD DRIVE.