24, MORECAMBE AVENUE, CAVERSHAM, READING, RG4 7NL - £425,000

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.

24 MORECAMBE AVENUE is a very small semi-detached house of 91m², built sometime between 1930 and 1949, which could now be worth an estimated £724,005. It was last sold for £425,000 in July 2013, which was around 68% above the average July 2013 semi-detached price in the Reading local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was C.

24 MORECAMBE AVENUE Sold Prices

Land registry data shows four sales for 24 MORECAMBE AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Reading local authority area for the corresponding sale date. All of the four 24 MORECAMBE AVENUE 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
2013 26 JUL	£425,000	£252,794	68% above HPI
2006 6 JUL	£349,950	£220,367	59% above HPI
2001 24 AUG	£234,000	£155,811	50% above HPI
1997 18 NOV	£139,950	£87,052	61% above HPI

24 MORECAMBE AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Reading local authority area over time, sourced from the HPI. The four 24 MORECAMBE AVENUE sales between November 1997 and July 2013 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 July 2006 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the July 2013 sale, where it rises to 68% above the HPI. The line then continues to track at 68% above the HPI.

What might 24 MORECAMBE AVENUE be worth now?

24 MORECAMBE AVENUE might now be worth an estimated £724,005.

This is based on house price inflation of 70.4%, between July 2013 and February 2025, for semi-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 70.4% inflationary increase is applied to the most recent sale price for 24 MORECAMBE AVENUE of £425,000 on 26th July 2013. For the value to have increased from £425,000 to £724,005 over the twelve years and five months to February 2025, the following assumptions must hold true:

• The value of 24 MORECAMBE AVENUE has moved in line with the HPI for semi-detached houses in the Reading local authority area.
• The July 2013 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 24 MORECAMBE AVENUE has not materially changed since July 2013.

How Large is 24 MORECAMBE AVENUE?

24 MORECAMBE AVENUE is 91m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 20% of semi-detached houses houses in Caversham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Caversham, and where 24 MORECAMBE AVENUE lies on this distribution: 12% of semi-detached houses houses are smaller than 24 MORECAMBE AVENUE, and 87% of houses are larger. Note that EPC data is not available for all properties in Caversham.

24 MORECAMBE AVENUE: Plot and Title Map

24 MORECAMBE AVENUE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 24 MORECAMBE 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 24 MORECAMBE 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 24 MORECAMBE AVENUE?

24 MORECAMBE AVENUE is located in CAVERSHAM, in the RG4 postcode district. The below map shows the position of No. 24 on MORECAMBE AVENUE.