2, PENDRED ROAD, READING, RG2 8QL - £425,000

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 PENDRED ROAD is a large detached house of 154m², built sometime between 1930 and 1949. It was last sold for £425,000 in March 2007, which was around 6% above the average March 2007 detached price in the Wokingham local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

2 PENDRED ROAD Sold Prices

Land registry data shows three sales for 2 PENDRED 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 Wokingham local authority area for the corresponding sale date. One of the three 2 PENDRED ROAD sales was for above the average price, whilst two 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
2007 21 MAR	£425,000	£402,757	6% above HPI
2006 8 JUN	£350,000	£365,416	4% below HPI
1997 20 NOV	£167,500	£170,593	2% below HPI

2 PENDRED 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 three 2 PENDRED ROAD sales between November 1997 and March 2007 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 June 2006 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2007 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 2 PENDRED ROAD?

2 PENDRED ROAD is 154m² according to the EPC inspection conducted in May 2015. This puts it in the largest 30% 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 PENDRED ROAD lies on this distribution: 77% of detached houses are smaller than 2 PENDRED ROAD, and 23% of houses are larger. Note that EPC data is not available for all properties in Reading.

2 PENDRED ROAD: Plot and Title Map

2 PENDRED ROAD sits on a plot of roughly 0.446 of an acre, or 1,805m². The below map shows the location of 2 PENDRED 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 PENDRED 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 PENDRED ROAD?

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