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
25 ERIC AVENUE is a very small extended detached house of 79m², built sometime between 1930 and 1949. It was last sold for £570,000 in September 2023, which was around 19% below the average September 2023 detached price in the Reading local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 25 ERIC AVENUE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Reading local authority area for the corresponding sale date. All of the three 25 ERIC 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 |
---|---|---|---|
2023 21 SEP | £570,000 | £700,093 | 19% below HPI |
2009 17 JUL | £325,000 | £350,659 | 7% below HPI |
2000 21 DEC | £215,000 | £256,326 | 16% below HPI |
The below graph shows the average detached house price in the Reading local authority area over time, sourced from the HPI. The three 25 ERIC AVENUE sales between December 2000 and September 2023 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 2009 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the September 2023 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.
25 ERIC AVENUE is 79m², which includes one extension, according to the EPC inspection conducted in January 2021. This puts it in the smallest 10% of detached houses in Caversham, based on EPC data. The below chart shows the distribution of detached houses by size in Caversham, and where 25 ERIC AVENUE lies on this distribution: 6% of detached houses are smaller than 25 ERIC AVENUE, and 94% of houses are larger. Note that EPC data is not available for all properties in Caversham.
25 ERIC AVENUE sits on a plot of roughly 0.134 of an acre, or 542m². The below map shows the location of 25 ERIC 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 25 ERIC 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.
25 ERIC AVENUE is located in EMMER GREEN, in the RG4 postcode district. The below map shows the position of No. 25 on ERIC AVENUE.