34, RICHMOND ROAD, CAVERSHAM, READING, RG4 7PR - £530,000

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

34 RICHMOND ROAD is a very small detached house of 71m², built sometime between 1950 and 1966. It was last sold for £530,000 in March 2023, which was around 25% below the average March 2023 detached price in the Reading local authority area. The most recent EPC inspection was June 2022, where the current energy rating was E, and the potential energy rating was B.

34 RICHMOND ROAD Sold Prices

Land registry data shows two sales for 34 RICHMOND ROAD 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 34 RICHMOND ROAD 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
2023 17 MAR	£530,000	£707,381	25% below HPI
2001 12 JAN	£215,000	£258,519	17% below HPI

34 RICHMOND ROAD 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 34 RICHMOND ROAD sales from January 2001 and March 2023 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 2001 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2023 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 34 RICHMOND ROAD?

34 RICHMOND ROAD is 71m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 10% of detached houses in Caversham, based on EPC data. The below chart shows the distribution of detached houses by size in Caversham, and where 34 RICHMOND ROAD lies on this distribution: 3% of detached houses are smaller than 34 RICHMOND ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Caversham.

34 RICHMOND ROAD: Plot and Title Map

34 RICHMOND ROAD sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of 34 RICHMOND 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 34 RICHMOND 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 34 RICHMOND ROAD?

34 RICHMOND ROAD is located in CAVERSHAM, in the RG4 postcode district. The below map shows the position of No. 34 on RICHMOND ROAD.