3, MODBURY GARDENS, READING, RG2 7PD - £311,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 MODBURY GARDENS is a very small extended detached house of 67m², built sometime between 1950 and 1966. It was last sold for £311,000 in March 2020, which was around 47% below the average March 2020 detached price in the Reading local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

3 MODBURY GARDENS Sold Prices

Land registry data shows three sales for 3 MODBURY GARDENS 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 MODBURY GARDENS 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 25 MAR	£311,000	£583,613	47% below HPI
2020 15 JAN	£275,000	£589,953	53% below HPI
1999 14 OCT	£59,950	£208,252	71% below HPI

3 MODBURY GARDENS 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 MODBURY GARDENS sales between October 1999 and March 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 January 2020 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the March 2020 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 3 MODBURY GARDENS?

3 MODBURY GARDENS is 67m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the smallest 10% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 3 MODBURY GARDENS lies on this distribution: 4% of detached houses are smaller than 3 MODBURY GARDENS, and 95% of houses are larger. Note that EPC data is not available for all properties in Reading.

3 MODBURY GARDENS: Plot and Title Map

3 MODBURY GARDENS sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 3 MODBURY GARDENS, 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 MODBURY GARDENS). 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 MODBURY GARDENS?

3 MODBURY GARDENS is located in READING, in the RG2 postcode district. The below map shows the position of No. 3 on MODBURY GARDENS.