20, PARK GROVE, READING, RG30 2NJ - £475,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

20 PARK GROVE is a small extended detached house of 94m², built sometime between 1930 and 1949, which could now be worth an estimated £551,964. It was last sold for £475,000 in June 2016, which was around 21% below the average June 2016 detached price in the Reading local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was D.

20 PARK GROVE Sold Prices

Land registry data shows two sales for 20 PARK GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Reading local authority area for the corresponding sale date. Both of the two 20 PARK GROVE 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
2016 2 JUN	£475,000	£601,011	21% below HPI
2010 13 AUG	£246,500	£398,115	38% below HPI

20 PARK GROVE 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 two 20 PARK GROVE sales from August 2010 and June 2016 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 2010 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the June 2016 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 20 PARK GROVE be worth now?

20 PARK GROVE might now be worth an estimated £551,964.

This is based on house price inflation of 16.2%, between June 2016 and December 2024, 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 16.2% inflationary increase is applied to the most recent sale price for 20 PARK GROVE of £475,000 on 2nd June 2016. For the value to have increased from £475,000 to £551,964 over the seven years and six months to December 2024, the following assumptions must hold true:

• The value of 20 PARK GROVE has moved in line with the HPI for detached houses in the Reading local authority area.
• The June 2016 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 20 PARK GROVE has not materially changed since June 2016.

How Large is 20 PARK GROVE?

20 PARK GROVE is 94m², which includes two extensions, according to the EPC inspection conducted in February 2010. This puts it in the smallest 30% 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 20 PARK GROVE lies on this distribution: 23% of detached houses houses are smaller than 20 PARK GROVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Reading.

20 PARK GROVE: Plot and Title Map

20 PARK GROVE sits on a plot of roughly 0.156 of an acre, or 632m². The below map shows the location of 20 PARK GROVE, 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 20 PARK GROVE). 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 20 PARK GROVE?

20 PARK GROVE is located in READING, in the RG30 postcode district. The below map shows the position of No. 20 on PARK GROVE.