24, REEDS AVENUE, EARLEY, READING, RG6 5SR - £440,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

24 REEDS AVENUE is a very small extended detached house of 84m², built sometime between 1950 and 1966. It was last sold for £440,000 in April 2016, which was around 27% below the average April 2016 detached price in the Wokingham local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

24 REEDS AVENUE Sold Prices

Land registry data shows two sales for 24 REEDS 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 Wokingham local authority area for the corresponding sale date. Both of the two 24 REEDS 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
2016 29 APR	£440,000	£605,904	27% below HPI
2000 22 AUG	£250,000	£263,877	5% below HPI

24 REEDS AVENUE 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 24 REEDS AVENUE sales from August 2000 and April 2016 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 2000 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the April 2016 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 24 REEDS AVENUE?

24 REEDS AVENUE is 84m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the smallest 20% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 24 REEDS AVENUE lies on this distribution: 14% of detached houses are smaller than 24 REEDS AVENUE, and 85% of houses are larger. Note that EPC data is not available for all properties in Reading.

24 REEDS AVENUE: Plot and Title Map

24 REEDS AVENUE sits on a plot of roughly 0.140 of an acre, or 568m². The below map shows the location of 24 REEDS 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 REEDS 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 REEDS AVENUE?

24 REEDS AVENUE is located in EARLEY, in the RG6 postcode district. The below map shows the position of No. 24 on REEDS AVENUE.