2, DURAND ROAD, EARLEY, READING, RG6 5YR - £465,000

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.

2 DURAND ROAD is a very small detached house of 81m², built sometime between 1976 and 1982, which could now be worth an estimated £505,634. It was last sold for £465,000 in March 2022, which was around 35% below the average March 2022 detached price in the Wokingham local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

2 DURAND ROAD Sold Prices

Land registry data shows six sales for 2 DURAND ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the six 2 DURAND ROAD 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 21 MAR	£465,000	£714,334	35% below HPI
2008 27 AUG	£247,260	£438,678	44% below HPI
2004 23 FEB	£222,000	£346,276	36% below HPI
2002 22 OCT	£200,000	£331,612	40% below HPI
1998 16 JAN	£116,950	£178,353	34% below HPI
1996 30 AUG	£83,000	£138,849	40% below HPI

2 DURAND ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wokingham local authority area over time, sourced from the HPI. The six 2 DURAND ROAD sales between August 1996 and March 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 August 2008 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the March 2022 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 2 DURAND ROAD be worth now?

2 DURAND ROAD might now be worth an estimated £505,634.

This is based on house price inflation of 8.7%, between March 2022 and February 2025, for detached houses, in the Wokingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.7% inflationary increase is applied to the most recent sale price for 2 DURAND ROAD of £465,000 on 21st March 2022. For the value to have increased from £465,000 to £505,634 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of 2 DURAND ROAD has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The March 2022 sale price of £465,000 represented a fair market value for the property.
• The size, condition, and specification of 2 DURAND ROAD has not materially changed since March 2022.

How Large is 2 DURAND ROAD?

2 DURAND ROAD is 81m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 20% of detached houses houses in Reading, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reading, and where 2 DURAND ROAD lies on this distribution: 12% of detached houses houses are smaller than 2 DURAND ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Reading.

2 DURAND ROAD: Plot and Title Map

2 DURAND ROAD sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 2 DURAND 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 2 DURAND 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 2 DURAND ROAD?

2 DURAND ROAD is located in EARLEY, in the RG6 postcode district. The below map shows the position of No. 2 on DURAND ROAD.