29, MORLAIS, EMMER GREEN, READING, RG4 8PQ - £360,000

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 MORLAIS is a very small detached house of 72m², built sometime between 1991 and 1995. It was last sold for £360,000 in December 2020, which was around 42% below the average December 2020 detached price in the Reading local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was B.

29 MORLAIS Sold Prices

Land registry data shows four sales for 29 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 29 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
2020 18 DEC	£360,000	£623,496	42% below HPI
2020 17 JUN	£407,500	£586,761	31% below HPI
1999 10 DEC	£137,000	£219,583	38% below HPI
1995 29 DEC	£114,000	£114,929	1% below HPI

29 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 29 MORLAIS sales between December 1995 and December 2020 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 June 2020 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the December 2020 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 29 MORLAIS be worth now?

29 MORLAIS might now be worth an estimated £403,245.

This is based on house price inflation of 12%, between December 2020 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 12% inflationary increase is applied to the most recent sale price for 29 MORLAIS of £360,000 on 18th December 2020. For the value to have increased from £360,000 to £403,245 over the four years to December 2024, the following assumptions must hold true:

• The value of 29 MORLAIS has moved in line with the HPI for detached houses in the Reading local authority area.
• The December 2020 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 29 MORLAIS has not materially changed since December 2020.

How Large is 29 MORLAIS?

29 MORLAIS is 72m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 10% 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 MORLAIS lies on this distribution: 3% of detached houses houses are smaller than 29 MORLAIS, and 97% of houses are larger. Note that EPC data is not available for all properties in Caversham.

29 MORLAIS: Plot and Title Map

29 MORLAIS sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 29 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 29 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 29 MORLAIS?

29 MORLAIS is located in EMMER GREEN, in the RG4 postcode district. The below map shows the position of No. 29 on MORLAIS.