2, PARK CRESCENT, READING, RG30 2NL - £377,500

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 PARK CRESCENT is a very small extended detached house of 88m², built sometime between 1930 and 1949, which could now be worth an estimated £438,366. It was last sold for £377,500 in November 2019, which was around 37% below the average November 2019 detached price in the Reading local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was B.

2 PARK CRESCENT Sold Prices

Land registry data shows three sales for 2 PARK CRESCENT 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 PARK CRESCENT 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
2019 29 NOV	£377,500	£596,486	37% below HPI
2013 25 MAR	£280,000	£415,150	33% below HPI
2002 2 DEC	£152,000	£338,482	55% below HPI

2 PARK CRESCENT 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 PARK CRESCENT sales between December 2002 and November 2019 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 March 2013 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2019 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 2 PARK CRESCENT be worth now?

2 PARK CRESCENT might now be worth an estimated £438,366.

This is based on house price inflation of 16.1%, between November 2019 and February 2025, 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 16.1% inflationary increase is applied to the most recent sale price for 2 PARK CRESCENT of £377,500 on 29th November 2019. For the value to have increased from £377,500 to £438,366 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 PARK CRESCENT has moved in line with the HPI for detached houses in the Reading local authority area.
• The November 2019 sale price of £377,500 represented a fair market value for the property.
• The size, condition, and specification of 2 PARK CRESCENT has not materially changed since November 2019.

How Large is 2 PARK CRESCENT?

2 PARK CRESCENT is 88m², which includes two extensions, according to the EPC inspection conducted in November 2012. 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 PARK CRESCENT lies on this distribution: 17% of detached houses houses are smaller than 2 PARK CRESCENT, and 82% of houses are larger. Note that EPC data is not available for all properties in Reading.

2 PARK CRESCENT: Plot and Title Map

2 PARK CRESCENT sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 2 PARK CRESCENT, 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 PARK CRESCENT). 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 PARK CRESCENT?

2 PARK CRESCENT is located in READING, in the RG30 postcode district. The below map shows the position of No. 2 on PARK CRESCENT.