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

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

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 26% 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	£719,392	26% below HPI
2001 12 JAN	£215,000	£262,909	18% 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 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2023 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 34 RICHMOND ROAD be worth now?

34 RICHMOND ROAD might now be worth an estimated £514,529.

This is based on house price deflation of 2.9%, between March 2023 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 2.9% deflationary decrease is applied to the most recent sale price for 34 RICHMOND ROAD of £530,000 on 17th March 2023. For the value to have decreased from £530,000 to £514,529 over the three months to December 2024, the following assumptions must hold true:

• The value of 34 RICHMOND ROAD has moved in line with the HPI for detached houses in the Reading local authority area.
• The March 2023 sale price of £530,000 represented a fair market value for the property.
• The size, condition, and specification of 34 RICHMOND ROAD has not materially changed since March 2023.

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 houses in Caversham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Caversham, and where 34 RICHMOND ROAD lies on this distribution: 2% of detached houses 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.