25, EGREMONT DRIVE, LOWER EARLEY, READING, RG6 3BS - £455,000

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

25 EGREMONT DRIVE is a very small detached house of 85m², built sometime between 1976 and 1982. It was last sold for £455,000 in July 2022, which was around 35% below the average July 2022 detached price in the Wokingham local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

25 EGREMONT DRIVE Sold Prices

Land registry data shows two sales for 25 EGREMONT 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 25 EGREMONT 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
2022 13 JUL	£455,000	£704,361	35% below HPI
1997 30 APR	£101,000	£150,132	33% below HPI

25 EGREMONT 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 25 EGREMONT DRIVE sales from April 1997 and July 2022 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 1997 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the July 2022 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 25 EGREMONT DRIVE?

25 EGREMONT DRIVE is 85m² according to the EPC inspection conducted in January 2022. 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 25 EGREMONT DRIVE lies on this distribution: 15% of detached houses are smaller than 25 EGREMONT DRIVE, and 84% of houses are larger. Note that EPC data is not available for all properties in Reading.

25 EGREMONT DRIVE: Plot and Title Map

25 EGREMONT DRIVE sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 25 EGREMONT 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 25 EGREMONT 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 25 EGREMONT DRIVE?

25 EGREMONT DRIVE is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 25 on EGREMONT DRIVE.