3, GROVE MEWS, EMMER GREEN, READING, RG4 8LA - £570,000

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

3 GROVE MEWS is a midsized detached house of 139m², built sometime between 1991 and 1995. It was last sold for £570,000 in January 2024, which was around 15% below the average January 2024 detached price in the Reading local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

3 GROVE MEWS Sold Prices

Land registry data shows three sales for 3 GROVE MEWS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Reading local authority area for the corresponding sale date. All of the three 3 GROVE MEWS 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 16 JAN	£570,000	£672,430	15% below HPI
2021 22 JUN	£530,000	£604,748	12% below HPI
2006 28 FEB	£287,500	£337,702	15% below HPI

3 GROVE MEWS 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 three 3 GROVE MEWS sales between February 2006 and January 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 June 2021 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the January 2024 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 3 GROVE MEWS?

3 GROVE MEWS is 139m² according to the EPC inspection conducted in July 2020. This puts it in the largest 50% of detached houses in Caversham, based on EPC data. The below chart shows the distribution of detached houses by size in Caversham, and where 3 GROVE MEWS lies on this distribution: 54% of detached houses are smaller than 3 GROVE MEWS, and 45% of houses are larger. Note that EPC data is not available for all properties in Caversham.

3 GROVE MEWS: Plot and Title Map

3 GROVE MEWS sits on a plot of roughly 0.059 of an acre, or 241m². The below map shows the location of 3 GROVE MEWS, 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 GROVE MEWS). 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 GROVE MEWS?

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