18, RICHMOND ROAD, CAVERSHAM, READING, RG4 7PP - £740,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

18 RICHMOND ROAD is a very small extended detached house of 89m², built sometime between 1950 and 1966. It was last sold for £740,000 in June 2021, which was around 22% above the average June 2021 detached price in the Reading local authority area. The most recent EPC inspection was June 2013, where the current energy rating was E, and the potential energy rating was D.

18 RICHMOND ROAD Sold Prices

Land registry data shows three sales for 18 RICHMOND ROAD 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. All of the three 18 RICHMOND ROAD 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
2021 2 JUN	£740,000	£604,748	22% above HPI
2014 7 FEB	£540,000	£435,728	24% above HPI
2001 4 APR	£275,000	£255,837	7% above HPI

18 RICHMOND ROAD 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 18 RICHMOND ROAD sales between April 2001 and June 2021 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 2014 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the June 2021 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 18 RICHMOND ROAD?

18 RICHMOND ROAD is 89m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the smallest 20% of detached houses in Caversham, based on EPC data. The below chart shows the distribution of detached houses by size in Caversham, and where 18 RICHMOND ROAD lies on this distribution: 11% of detached houses are smaller than 18 RICHMOND ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Caversham.

18 RICHMOND ROAD: Plot and Title Map

18 RICHMOND ROAD sits on a plot of roughly 0.198 of an acre, or 800m². The below map shows the location of 18 RICHMOND ROAD, 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 RICHMOND ROAD). 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 RICHMOND ROAD?

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