39, GROVE ROAD, EMMER GREEN, READING, RG4 8LJ - £550,000

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

39 GROVE ROAD is a large extended detached house of 158m², built sometime between 1950 and 1966. It was last sold for £550,000 in September 2015, which was around 1% above the average September 2015 detached price in the Reading local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

39 GROVE ROAD Sold Prices

Land registry data shows two sales for 39 GROVE 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 39 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
2015 24 SEP	£550,000	£543,681	1% above HPI
2005 25 OCT	£390,000	£349,671	12% above HPI

39 GROVE 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 39 GROVE ROAD sales from October 2005 and September 2015 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 October 2005 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the September 2015 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 39 GROVE ROAD be worth now?

39 GROVE ROAD might now be worth an estimated £706,510.

This is based on house price inflation of 28.5%, between September 2015 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 28.5% inflationary increase is applied to the most recent sale price for 39 GROVE ROAD of £550,000 on 24th September 2015. For the value to have increased from £550,000 to £706,510 over the eight years and nine months to December 2024, the following assumptions must hold true:

• The value of 39 GROVE ROAD has moved in line with the HPI for detached houses in the Reading local authority area.
• The September 2015 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 39 GROVE ROAD has not materially changed since September 2015.

How Large is 39 GROVE ROAD?

39 GROVE ROAD is 158m², which includes two extensions, according to the EPC inspection conducted in May 2014. This puts it in the largest 40% 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 39 GROVE ROAD lies on this distribution: 68% of detached houses houses are smaller than 39 GROVE ROAD, and 32% of houses are larger. Note that EPC data is not available for all properties in Caversham.

39 GROVE ROAD: Plot and Title Map

39 GROVE ROAD sits on a plot of roughly 0.208 of an acre, or 842m². The below map shows the location of 39 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 39 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 39 GROVE ROAD?

39 GROVE ROAD is located in EMMER GREEN, in the RG4 postcode district. The below map shows the position of No. 39 on GROVE ROAD.