29, MORECAMBE AVENUE, CAVERSHAM, READING, RG4 7NL - £725,000

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

29 MORECAMBE AVENUE is a small extended detached house of 115m², built sometime between 1950 and 1966. It was last sold for £725,000 in August 2024, which was around 4% above the average August 2024 detached price in the Reading local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was C.

29 MORECAMBE AVENUE Sold Prices

Land registry data shows four sales for 29 MORECAMBE AVENUE 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. Most of the four 29 MORECAMBE 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
2024 28 AUG	£725,000	£696,725	4% above HPI
2013 16 SEP	£425,000	£433,665	2% below HPI
2003 10 OCT	£278,000	£325,507	15% below HPI
1998 10 JUL	£155,000	£172,750	10% below HPI

29 MORECAMBE AVENUE 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 29 MORECAMBE AVENUE sales between July 1998 and August 2024 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 September 2013 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2024 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 29 MORECAMBE AVENUE be worth now?

29 MORECAMBE AVENUE might now be worth an estimated £726,736.

This is based on house price inflation of 0.2%, between August 2024 and December 2024, for detached houses, in the Reading local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.2% inflationary increase is applied to the most recent sale price for 29 MORECAMBE AVENUE of £725,000 on 28th August 2024. For the value to have increased from £725,000 to £726,736 over the eight months to December 2024, the following assumptions must hold true:

• The value of 29 MORECAMBE AVENUE has moved in line with the HPI for detached houses in the Reading local authority area.
• The August 2024 sale price of £725,000 represented a fair market value for the property.
• The size, condition, and specification of 29 MORECAMBE AVENUE has not materially changed since August 2024.

How Large is 29 MORECAMBE AVENUE?

29 MORECAMBE AVENUE is 115m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the smallest 40% of detached houses houses in Caversham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Caversham, and where 29 MORECAMBE AVENUE lies on this distribution: 33% of detached houses houses are smaller than 29 MORECAMBE AVENUE, and 66% of houses are larger. Note that EPC data is not available for all properties in Caversham.

29 MORECAMBE AVENUE: Plot and Title Map

29 MORECAMBE AVENUE sits on a plot of roughly 0.123 of an acre, or 498m². The below map shows the location of 29 MORECAMBE 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 29 MORECAMBE 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 29 MORECAMBE AVENUE?

29 MORECAMBE AVENUE is located in CAVERSHAM, in the RG4 postcode district. The below map shows the position of No. 29 on MORECAMBE AVENUE.