2, FARROWDENE ROAD, READING, RG2 8SD - £275,000

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

2 FARROWDENE ROAD is a very small extended detached house of 60m², built sometime between 1930 and 1949. It was last sold for £275,000 in July 2020, which was around 52% below the average July 2020 detached price in the Reading local authority area. The most recent EPC inspection was June 2017, where the current energy rating was E, and the potential energy rating was B.

2 FARROWDENE ROAD Sold Prices

Land registry data shows three sales for 2 FARROWDENE 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 2 FARROWDENE 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
2020 17 JUL	£275,000	£578,322	52% below HPI
2002 11 OCT	£31,545	£326,746	90% below HPI
2001 1 JUN	£94,500	£264,446	64% below HPI

2 FARROWDENE 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 2 FARROWDENE ROAD sales between June 2001 and July 2020 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 October 2002 sale was for 90% below the HPI. So the extrapolation line tracks at 90% below the HPI over time, until the July 2020 sale, where it rises to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 2 FARROWDENE ROAD?

2 FARROWDENE ROAD is 60m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the smallest 10% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 2 FARROWDENE ROAD lies on this distribution: 2% of detached houses are smaller than 2 FARROWDENE ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Reading.

2 FARROWDENE ROAD: Plot and Title Map

2 FARROWDENE ROAD sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 2 FARROWDENE 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 FARROWDENE 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 FARROWDENE ROAD?

2 FARROWDENE ROAD is located in READING, in the RG2 postcode district. The below map shows the position of No. 2 on FARROWDENE ROAD.