21, PICTON WAY, CAVERSHAM, READING, RG4 8NJ - £920,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

21 PICTON WAY is a large detached house of 150m², built sometime between 1967 and 1975. It was last sold for £920,000 in September 2023, which was around 31% above the average September 2023 detached price in the Reading local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was C.

21 PICTON WAY Sold Prices

Land registry data shows three sales for 21 PICTON WAY 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 21 PICTON WAY sales were for above 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
2023 1 SEP	£920,000	£700,093	31% above HPI
2014 27 AUG	£572,000	£477,082	20% above HPI
1997 30 MAY	£175,000	£132,917	32% above HPI

21 PICTON WAY 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 21 PICTON WAY sales between May 1997 and September 2023 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 2014 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the September 2023 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is 21 PICTON WAY?

21 PICTON WAY is 150m² according to the EPC inspection conducted in January 2014. This puts it in the largest 40% of detached houses in Caversham, based on EPC data. The below chart shows the distribution of detached houses by size in Caversham, and where 21 PICTON WAY lies on this distribution: 62% of detached houses are smaller than 21 PICTON WAY, and 37% of houses are larger. Note that EPC data is not available for all properties in Caversham.

21 PICTON WAY: Plot and Title Map

21 PICTON WAY sits on a plot of roughly 0.136 of an acre, or 552m². The below map shows the location of 21 PICTON WAY, 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 21 PICTON WAY). 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 21 PICTON WAY?

21 PICTON WAY is located in CAVERSHAM, in the RG4 postcode district. The below map shows the position of No. 21 on PICTON WAY.