42, MILL GREEN, CAVERSHAM, READING, RG4 8EX - £410,000

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

42 MILL GREEN is a large extended detached house of 150m², built sometime between 1900 and 1929, which could now be worth an estimated £657,436. It was last sold for £410,000 in October 2013, which was around 6% below the average October 2013 detached price in the Reading local authority area. The most recent EPC inspection was February 2013, where the current energy rating was E, and the potential energy rating was C.

42 MILL GREEN Sold Prices

Land registry data shows two sales for 42 MILL GREEN 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. One of the two 42 MILL GREEN sales was for below the average price, whilst the other was 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
2013 25 OCT	£410,000	£435,542	6% below HPI
2000 10 FEB	£235,000	£229,966	2% above HPI

42 MILL GREEN 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 42 MILL GREEN sales from February 2000 and October 2013 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 February 2000 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the October 2013 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 42 MILL GREEN be worth now?

42 MILL GREEN might now be worth an estimated £657,436.

This is based on house price inflation of 60.4%, between October 2013 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 60.4% inflationary increase is applied to the most recent sale price for 42 MILL GREEN of £410,000 on 25th October 2013. For the value to have increased from £410,000 to £657,436 over the ten years and ten months to December 2024, the following assumptions must hold true:

• The value of 42 MILL GREEN has moved in line with the HPI for detached houses in the Reading local authority area.
• The October 2013 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 42 MILL GREEN has not materially changed since October 2013.

How Large is 42 MILL GREEN?

42 MILL GREEN is 150m², which includes one extension, according to the EPC inspection conducted in February 2013. 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 42 MILL GREEN lies on this distribution: 62% of detached houses houses are smaller than 42 MILL GREEN, and 37% of houses are larger. Note that EPC data is not available for all properties in Caversham.

42 MILL GREEN: Plot and Title Map

42 MILL GREEN sits on a plot of roughly 0.138 of an acre, or 557m². The below map shows the location of 42 MILL GREEN, 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 42 MILL GREEN). 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 42 MILL GREEN?

42 MILL GREEN is located in CAVERSHAM, in the RG4 postcode district. The below map shows the position of No. 42 on MILL GREEN.