45, PADDICK DRIVE, LOWER EARLEY, READING, RG6 4HF - £775,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

45 PADDICK DRIVE is a large extended detached house of 158m², built sometime between 1996 and 2002. It was last sold for £775,000 in January 2024, which was around 9% above the average January 2024 detached price in the Wokingham local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was C.

45 PADDICK DRIVE Sold Prices

Land registry data shows three sales for 45 PADDICK DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the three 45 PADDICK DRIVE 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
2024 29 JAN	£775,000	£714,004	9% above HPI
2013 10 OCT	£475,000	£447,948	6% above HPI
2000 6 APR	£279,995	£248,134	13% above HPI

45 PADDICK DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wokingham local authority area over time, sourced from the HPI. The three 45 PADDICK DRIVE sales between April 2000 and January 2024 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 2013 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the January 2024 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 45 PADDICK DRIVE?

45 PADDICK DRIVE is 158m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the largest 30% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 45 PADDICK DRIVE lies on this distribution: 79% of detached houses are smaller than 45 PADDICK DRIVE, and 20% of houses are larger. Note that EPC data is not available for all properties in Reading.

45 PADDICK DRIVE: Plot and Title Map

45 PADDICK DRIVE sits on a plot of roughly 0.127 of an acre, or 514m². The below map shows the location of 45 PADDICK DRIVE, 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 45 PADDICK DRIVE). 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 45 PADDICK DRIVE?

45 PADDICK DRIVE is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 45 on PADDICK DRIVE.