22, NEWLANDS AVENUE, CAVERSHAM, READING, RG4 8NS - £500,000

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.

22 NEWLANDS AVENUE is a very small detached house of 74m², built sometime between 1950 and 1966, which could now be worth an estimated £520,815. It was last sold for £500,000 in November 2021, which was around 25% below the average November 2021 detached price in the Reading local authority area. The most recent EPC inspection was March 2021, where the current energy rating was E, and the potential energy rating was C.

22 NEWLANDS AVENUE Sold Prices

Land registry data shows two sales for 22 NEWLANDS AVENUE 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 22 NEWLANDS AVENUE 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
2021 25 NOV	£500,000	£664,977	25% below HPI
2003 29 APR	£245,000	£341,886	28% below HPI

22 NEWLANDS AVENUE 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 22 NEWLANDS AVENUE sales from April 2003 and November 2021 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 April 2003 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2021 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 22 NEWLANDS AVENUE be worth now?

22 NEWLANDS AVENUE might now be worth an estimated £520,815.

This is based on house price inflation of 4.2%, between November 2021 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 4.2% inflationary increase is applied to the most recent sale price for 22 NEWLANDS AVENUE of £500,000 on 25th November 2021. For the value to have increased from £500,000 to £520,815 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 22 NEWLANDS AVENUE has moved in line with the HPI for detached houses in the Reading local authority area.
• The November 2021 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 22 NEWLANDS AVENUE has not materially changed since November 2021.

How Large is 22 NEWLANDS AVENUE?

22 NEWLANDS AVENUE is 74m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 10% of detached houses houses in Caversham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Caversham, and where 22 NEWLANDS AVENUE lies on this distribution: 3% of detached houses houses are smaller than 22 NEWLANDS AVENUE, and 96% of houses are larger. Note that EPC data is not available for all properties in Caversham.

22 NEWLANDS AVENUE: Plot and Title Map

22 NEWLANDS AVENUE sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 22 NEWLANDS AVENUE, 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 22 NEWLANDS AVENUE). 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 22 NEWLANDS AVENUE?

22 NEWLANDS AVENUE is located in CAVERSHAM, in the RG4 postcode district. The below map shows the position of No. 22 on NEWLANDS AVENUE.