3, PARK CRESCENT, READING, RG30 2NL - £315,000

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 PARK CRESCENT is a very small detached house of 60m², built sometime between 1950 and 1966. It was last sold for £315,000 in January 2018, which was around 48% below the average January 2018 detached price in the Reading local authority area. The most recent EPC inspection was July 2019, where the current energy rating was E, and the potential energy rating was B.

3 PARK CRESCENT Sold Prices

Land registry data shows two sales for 3 PARK CRESCENT 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 PARK CRESCENT 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
2018 17 JAN	£315,000	£609,208	48% below HPI
2014 10 OCT	£285,000	£481,484	41% below HPI

3 PARK CRESCENT 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 PARK CRESCENT sales from October 2014 and January 2018 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 October 2014 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the January 2018 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 3 PARK CRESCENT?

3 PARK CRESCENT is 60m² according to the EPC inspection conducted in July 2019. 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 PARK CRESCENT lies on this distribution: 2% of detached houses are smaller than 3 PARK CRESCENT, and 97% of houses are larger. Note that EPC data is not available for all properties in Reading.

3 PARK CRESCENT: Plot and Title Map

3 PARK CRESCENT sits on a plot of roughly 0.069 of an acre, or 277m². The below map shows the location of 3 PARK CRESCENT, 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 PARK CRESCENT). 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 PARK CRESCENT?

3 PARK CRESCENT is located in READING, in the RG30 postcode district. The below map shows the position of No. 3 on PARK CRESCENT.