40, RUSSET GLADE, EMMER GREEN, READING, RG4 8UJ - £475,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

40 RUSSET GLADE is a large extended detached house of 176m², built sometime between 1983 and 1990, which could now be worth an estimated £835,600. It was last sold for £475,000 in May 2011, which was around 21% above the average May 2011 detached price in the Reading local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

40 RUSSET GLADE Sold Prices

Land registry data shows two sales for 40 RUSSET GLADE 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 40 RUSSET GLADE 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
2011 20 MAY	£475,000	£393,745	21% above HPI
2002 26 JUL	£340,000	£319,753	6% above HPI

40 RUSSET GLADE 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 40 RUSSET GLADE sales from July 2002 and May 2011 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 July 2002 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the May 2011 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 40 RUSSET GLADE be worth now?

40 RUSSET GLADE might now be worth an estimated £835,600.

This is based on house price inflation of 75.9%, between May 2011 and February 2025, 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 75.9% inflationary increase is applied to the most recent sale price for 40 RUSSET GLADE of £475,000 on 20th May 2011. For the value to have increased from £475,000 to £835,600 over the fourteen years and three months to February 2025, the following assumptions must hold true:

• The value of 40 RUSSET GLADE has moved in line with the HPI for detached houses in the Reading local authority area.
• The May 2011 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 40 RUSSET GLADE has not materially changed since May 2011.

How Large is 40 RUSSET GLADE?

40 RUSSET GLADE is 176m², which includes two extensions, according to the EPC inspection conducted in September 2010. This puts it in the largest 30% 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 40 RUSSET GLADE lies on this distribution: 77% of detached houses houses are smaller than 40 RUSSET GLADE, and 23% of houses are larger. Note that EPC data is not available for all properties in Caversham.

40 RUSSET GLADE: Plot and Title Map

40 RUSSET GLADE sits on a plot of roughly 0.189 of an acre, or 766m². The below map shows the location of 40 RUSSET GLADE, 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 40 RUSSET GLADE). 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 40 RUSSET GLADE?

40 RUSSET GLADE is located in EMMER GREEN, in the RG4 postcode district. The below map shows the position of No. 40 on RUSSET GLADE.