31, GROVE ROAD, EMMER GREEN, READING, RG4 8LJ - £585,000

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

31 GROVE ROAD is a midsized extended semi-detached house of 126m², built sometime between 1930 and 1949. It was last sold for £585,000 in February 2021, which was around 55% above the average February 2021 semi-detached price in the Reading local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

31 GROVE ROAD Sold Prices

Land registry data shows two sales for 31 GROVE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Reading local authority area for the corresponding sale date. Both of the two 31 GROVE ROAD 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
2021 19 FEB	£585,000	£377,647	55% above HPI
1999 5 MAR	£132,000	£99,698	32% above HPI

31 GROVE ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Reading local authority area over time, sourced from the HPI. The two 31 GROVE ROAD sales from March 1999 and February 2021 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 March 1999 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the February 2021 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

What might 31 GROVE ROAD be worth now?

31 GROVE ROAD might now be worth an estimated £673,729.

This is based on house price inflation of 15.2%, between February 2021 and December 2024, for semi-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 15.2% inflationary increase is applied to the most recent sale price for 31 GROVE ROAD of £585,000 on 19th February 2021. For the value to have increased from £585,000 to £673,729 over the two years and two months to December 2024, the following assumptions must hold true:

• The value of 31 GROVE ROAD has moved in line with the HPI for semi-detached houses in the Reading local authority area.
• The February 2021 sale price of £585,000 represented a fair market value for the property.
• The size, condition, and specification of 31 GROVE ROAD has not materially changed since February 2021.

How Large is 31 GROVE ROAD?

31 GROVE ROAD is 126m², which includes two extensions, according to the EPC inspection conducted in September 2020. This puts it in the smallest 50% of semi-detached houses houses in Caversham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Caversham, and where 31 GROVE ROAD lies on this distribution: 43% of semi-detached houses houses are smaller than 31 GROVE ROAD, and 57% of houses are larger. Note that EPC data is not available for all properties in Caversham.

31 GROVE ROAD: Plot and Title Map

31 GROVE ROAD sits on a plot of roughly 0.152 of an acre, or 617m². The below map shows the location of 31 GROVE ROAD, 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 31 GROVE ROAD). 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 31 GROVE ROAD?

31 GROVE ROAD is located in EMMER GREEN, in the RG4 postcode district. The below map shows the position of No. 31 on GROVE ROAD.