38, ELM ROAD, READING, RG6 5TS - £550,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

38 ELM ROAD is a large extended detached house of 140m², built sometime between 1930 and 1949. It was last sold for £550,000 in January 2019, which was around 9% below the average January 2019 detached price in the Reading local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.

38 ELM ROAD Sold Prices

Land registry data shows two sales for 38 ELM 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 38 ELM 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
2019 16 JAN	£550,000	£606,089	9% below HPI
2012 13 JAN	£390,000	£394,218	1% below HPI

38 ELM 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 38 ELM ROAD sales from January 2012 and January 2019 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 2012 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the January 2019 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 38 ELM ROAD?

38 ELM ROAD is 140m², which includes two extensions, according to the EPC inspection conducted in July 2011. This puts it in the largest 40% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 38 ELM ROAD lies on this distribution: 68% of detached houses are smaller than 38 ELM ROAD, and 32% of houses are larger. Note that EPC data is not available for all properties in Reading.

38 ELM ROAD: Plot and Title Map

38 ELM ROAD sits on a plot of roughly 0.119 of an acre, or 483m². The below map shows the location of 38 ELM 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 38 ELM 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 38 ELM ROAD?

38 ELM ROAD is located in READING, in the RG6 postcode district. The below map shows the position of No. 38 on ELM ROAD.