3, GORSELANDS, EMMER GREEN, READING, RG4 8QZ - £910,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 GORSELANDS is a very large detached house of 210m², built sometime between 1996 and 2002, which could now be worth an estimated £900,579. It was last sold for £910,000 in November 2024, which was around 30% above the average November 2024 detached price in the Reading local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

3 GORSELANDS Sold Prices

Land registry data shows two sales for 3 GORSELANDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Reading local authority area for the corresponding sale date. Both of the two 3 GORSELANDS sales were for above 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 19 NOV	£910,000	£699,906	30% above HPI
1997 22 AUG	£247,500	£145,517	70% above HPI

3 GORSELANDS 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 two 3 GORSELANDS sales from August 1997 and November 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 August 1997 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the November 2024 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 3 GORSELANDS be worth now?

3 GORSELANDS might now be worth an estimated £900,579.

This is based on house price deflation of 1%, between November 2024 and February 2025, 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 1% deflationary decrease is applied to the most recent sale price for 3 GORSELANDS of £910,000 on 19th November 2024. For the value to have decreased from £910,000 to £900,579 over the one year and nine months to February 2025, the following assumptions must hold true:

• The value of 3 GORSELANDS has moved in line with the HPI for detached houses in the Reading local authority area.
• The November 2024 sale price of £910,000 represented a fair market value for the property.
• The size, condition, and specification of 3 GORSELANDS has not materially changed since November 2024.

How Large is 3 GORSELANDS?

3 GORSELANDS is 210m² according to the EPC inspection conducted in May 2022. This puts it in the largest 20% 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 3 GORSELANDS lies on this distribution: 88% of detached houses houses are smaller than 3 GORSELANDS, and 12% of houses are larger. Note that EPC data is not available for all properties in Caversham.

3 GORSELANDS: Plot and Title Map

3 GORSELANDS sits on a plot of roughly 0.178 of an acre, or 721m². The below map shows the location of 3 GORSELANDS, 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 3 GORSELANDS). 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 3 GORSELANDS?

3 GORSELANDS is located in EMMER GREEN, in the RG4 postcode district. The below map shows the position of No. 3 on GORSELANDS.