24, ELDON PLACE, READING, RG1 4ED - £249,950

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

24 ELDON PLACE is a very small detached house of 73m², built sometime between 1967 and 1975, which could now be worth an estimated £441,038. It was last sold for £249,950 in April 2007, which was around 37% below the average April 2007 detached price in the Reading local authority area. The most recent EPC inspection was October 2011, where the current energy rating was E, and the potential energy rating was D.

24 ELDON PLACE Sold Prices

Land registry data shows two sales for 24 ELDON PLACE 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 24 ELDON PLACE 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
2007 10 APR	£249,950	£395,801	37% below HPI
1999 15 DEC	£132,500	£219,583	40% below HPI

24 ELDON PLACE 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 24 ELDON PLACE sales from December 1999 and April 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 December 1999 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the April 2007 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 24 ELDON PLACE be worth now?

24 ELDON PLACE might now be worth an estimated £441,038.

This is based on house price inflation of 76.5%, between April 2007 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 76.5% inflationary increase is applied to the most recent sale price for 24 ELDON PLACE of £249,950 on 10th April 2007. For the value to have increased from £249,950 to £441,038 over the sixteen years and four months to December 2024, the following assumptions must hold true:

• The value of 24 ELDON PLACE has moved in line with the HPI for detached houses in the Reading local authority area.
• The April 2007 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 24 ELDON PLACE has not materially changed since April 2007.

How Large is 24 ELDON PLACE?

24 ELDON PLACE is 73m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 10% 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 24 ELDON PLACE lies on this distribution: 7% of detached houses houses are smaller than 24 ELDON PLACE, and 93% of houses are larger. Note that EPC data is not available for all properties in Reading.

24 ELDON PLACE: Plot and Title Map

24 ELDON PLACE sits on a plot of roughly 0.035 of an acre, or 141m². The below map shows the location of 24 ELDON PLACE, 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 24 ELDON PLACE). 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 24 ELDON PLACE?

24 ELDON PLACE is located in READING, in the RG1 postcode district. The below map shows the position of No. 24 on ELDON PLACE.