48, EGREMONT DRIVE, LOWER EARLEY, READING, RG6 3BS - £650,000

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

48 EGREMONT DRIVE is a midsized detached house of 113m², built sometime between 1983 and 1990. It was last sold for £650,000 in May 2024, which was around 11% below the average May 2024 detached price in the Wokingham local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was C.

48 EGREMONT DRIVE Sold Prices

Land registry data shows two sales for 48 EGREMONT DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. Both of the two 48 EGREMONT DRIVE 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
2024 17 MAY	£650,000	£727,702	11% below HPI
2014 23 MAY	£415,500	£477,778	13% below HPI

48 EGREMONT 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 two 48 EGREMONT DRIVE sales from May 2014 and May 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 May 2014 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2024 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 48 EGREMONT DRIVE?

48 EGREMONT DRIVE is 113m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 50% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 48 EGREMONT DRIVE lies on this distribution: 43% of detached houses are smaller than 48 EGREMONT DRIVE, and 56% of houses are larger. Note that EPC data is not available for all properties in Reading.

48 EGREMONT DRIVE: Plot and Title Map

48 EGREMONT DRIVE sits on a plot of roughly 0.086 of an acre, or 346m². The below map shows the location of 48 EGREMONT 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 48 EGREMONT 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 48 EGREMONT DRIVE?

48 EGREMONT DRIVE is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 48 on EGREMONT DRIVE.