23, PADDICK DRIVE, LOWER EARLEY, READING, RG6 4HF - £527,000

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

23 PADDICK DRIVE is a small extended detached house of 108m², built sometime between 1996 and 2002. It was last sold for £527,000 in January 2021, which was around 16% below the average January 2021 detached price in the Wokingham local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

23 PADDICK DRIVE Sold Prices

Land registry data shows two sales for 23 PADDICK DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. Both of the two 23 PADDICK DRIVE 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 19 JAN	£527,000	£630,694	16% below HPI
1998 26 JUN	£167,500	£180,908	7% below HPI

23 PADDICK DRIVE 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 two 23 PADDICK DRIVE sales from June 1998 and January 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 June 1998 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the January 2021 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 23 PADDICK DRIVE?

23 PADDICK DRIVE is 108m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 40% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 23 PADDICK DRIVE lies on this distribution: 37% of detached houses are smaller than 23 PADDICK DRIVE, and 62% of houses are larger. Note that EPC data is not available for all properties in Reading.

23 PADDICK DRIVE: Plot and Title Map

23 PADDICK DRIVE sits on a plot of roughly 0.067 of an acre, or 269m². The below map shows the location of 23 PADDICK DRIVE, 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 23 PADDICK DRIVE). 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 23 PADDICK DRIVE?

23 PADDICK DRIVE is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 23 on PADDICK DRIVE.