27, MORLAIS, EMMER GREEN, READING, RG4 8PQ - £545,000

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

27 MORLAIS is a small detached house of 103m², built sometime between 1996 and 2002. It was last sold for £545,000 in June 2021, which was around 10% below the average June 2021 detached price in the Reading local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

27 MORLAIS Sold Prices

Land registry data shows four sales for 27 MORLAIS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Reading local authority area for the corresponding sale date. All of the four 27 MORLAIS 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
2021 30 JUN	£545,000	£604,748	10% below HPI
2007 7 DEC	£312,000	£415,674	25% below HPI
2003 25 JUL	£250,000	£331,922	25% below HPI
1999 10 DEC	£175,000	£215,917	19% below HPI

27 MORLAIS 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 four 27 MORLAIS sales between December 1999 and June 2021 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 2007 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2021 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 27 MORLAIS?

27 MORLAIS is 103m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 30% of detached houses in Caversham, based on EPC data. The below chart shows the distribution of detached houses by size in Caversham, and where 27 MORLAIS lies on this distribution: 22% of detached houses are smaller than 27 MORLAIS, and 78% of houses are larger. Note that EPC data is not available for all properties in Caversham.

27 MORLAIS: Plot and Title Map

27 MORLAIS sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 27 MORLAIS, 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 27 MORLAIS). 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 27 MORLAIS?

27 MORLAIS is located in EMMER GREEN, in the RG4 postcode district. The below map shows the position of No. 27 on MORLAIS.