31, SHEPHERDS LANE, CAVERSHAM, READING, RG4 7JJ - £625,000

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 SHEPHERDS LANE is a very small extended detached house of 93m², built sometime between 1930 and 1949. It was last sold for £625,000 in September 2021, which was around 3% below the average September 2021 detached price in the Reading local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was C.

31 SHEPHERDS LANE Sold Prices

Land registry data shows two sales for 31 SHEPHERDS LANE 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. One of the two 31 SHEPHERDS LANE sales was for below the average price, whilst the other was 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 14 SEP	£625,000	£642,360	3% below HPI
2007 5 FEB	£395,000	£388,554	2% above HPI

31 SHEPHERDS LANE 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 31 SHEPHERDS LANE sales from February 2007 and September 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 February 2007 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the September 2021 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 31 SHEPHERDS LANE be worth now?

31 SHEPHERDS LANE might now be worth an estimated £679,519.

This is based on house price inflation of 8.7%, between September 2021 and December 2024, 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 8.7% inflationary increase is applied to the most recent sale price for 31 SHEPHERDS LANE of £625,000 on 14th September 2021. For the value to have increased from £625,000 to £679,519 over the two years and nine months to December 2024, the following assumptions must hold true:

• The value of 31 SHEPHERDS LANE has moved in line with the HPI for detached houses in the Reading local authority area.
• The September 2021 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of 31 SHEPHERDS LANE has not materially changed since September 2021.

How Large is 31 SHEPHERDS LANE?

31 SHEPHERDS LANE is 93m², which includes two extensions, according to the EPC inspection conducted in May 2021. This puts it in the smallest 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 31 SHEPHERDS LANE lies on this distribution: 14% of detached houses houses are smaller than 31 SHEPHERDS LANE, and 86% of houses are larger. Note that EPC data is not available for all properties in Caversham.

31 SHEPHERDS LANE: Plot and Title Map

31 SHEPHERDS LANE sits on a plot of roughly 0.175 of an acre, or 707m². The below map shows the location of 31 SHEPHERDS LANE, 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 SHEPHERDS LANE). 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 SHEPHERDS LANE?

31 SHEPHERDS LANE is located in CAVERSHAM, in the RG4 postcode district. The below map shows the position of No. 31 on SHEPHERDS LANE.