27, PADDICK DRIVE, LOWER EARLEY, READING, RG6 4HF - £319,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

27 PADDICK DRIVE is a small detached house of 111m², built sometime between 2003 and 2006, which could now be worth an estimated £686,745. It was last sold for £319,950 in August 2004, which was around 11% below the average August 2004 detached price in the Wokingham local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

27 PADDICK DRIVE Sold Prices

Land registry data shows two sales for 27 PADDICK 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 27 PADDICK 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
2004 19 AUG	£319,950	£358,589	11% below HPI
1998 24 JUL	£165,000	£189,055	13% below HPI

27 PADDICK 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 27 PADDICK DRIVE sales from July 1998 and August 2004 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 1998 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2004 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 27 PADDICK DRIVE be worth now?

27 PADDICK DRIVE might now be worth an estimated £686,745.

This is based on house price inflation of 114.6%, between August 2004 and December 2024, for detached houses, in the Wokingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 114.6% inflationary increase is applied to the most recent sale price for 27 PADDICK DRIVE of £319,950 on 19th August 2004. For the value to have increased from £319,950 to £686,745 over the nineteen years and eight months to December 2024, the following assumptions must hold true:

• The value of 27 PADDICK DRIVE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The August 2004 sale price of £319,950 represented a fair market value for the property.
• The size, condition, and specification of 27 PADDICK DRIVE has not materially changed since August 2004.

How Large is 27 PADDICK DRIVE?

27 PADDICK DRIVE is 111m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 40% of detached houses houses in Reading, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reading, and where 27 PADDICK DRIVE lies on this distribution: 40% of detached houses houses are smaller than 27 PADDICK DRIVE, and 58% of houses are larger. Note that EPC data is not available for all properties in Reading.

27 PADDICK DRIVE: Plot and Title Map

27 PADDICK DRIVE sits on a plot of roughly 0.128 of an acre, or 520m². The below map shows the location of 27 PADDICK 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 27 PADDICK 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 27 PADDICK DRIVE?

27 PADDICK DRIVE is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 27 on PADDICK DRIVE.