5, PIERCEFIELD, CALCOT, READING, RG31 7AS - £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.

5 PIERCEFIELD is a small extended detached house of 108m², built sometime between 1983 and 1990, which could now be worth an estimated £505,913. It was last sold for £475,000 in March 2022, which was around 28% below the average March 2022 detached price in the West Berkshire local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

5 PIERCEFIELD Sold Prices

Land registry data shows three sales for 5 PIERCEFIELD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. All of the three 5 PIERCEFIELD 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
2022 24 MAR	£475,000	£660,312	28% below HPI
2018 15 JAN	£470,000	£585,391	20% below HPI
1999 12 MAR	£136,000	£183,673	26% below HPI

5 PIERCEFIELD Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Berkshire local authority area over time, sourced from the HPI. The three 5 PIERCEFIELD sales between March 1999 and March 2022 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 January 2018 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2022 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 5 PIERCEFIELD be worth now?

5 PIERCEFIELD might now be worth an estimated £505,913.

This is based on house price inflation of 6.5%, between March 2022 and February 2025, for detached houses, in the West Berkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.5% inflationary increase is applied to the most recent sale price for 5 PIERCEFIELD of £475,000 on 24th March 2022. For the value to have increased from £475,000 to £505,913 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of 5 PIERCEFIELD has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The March 2022 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PIERCEFIELD has not materially changed since March 2022.

How Large is 5 PIERCEFIELD?

5 PIERCEFIELD is 108m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the smallest 40% of detached houses houses in Reading, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reading, and where 5 PIERCEFIELD lies on this distribution: 37% of detached houses houses are smaller than 5 PIERCEFIELD, and 62% of houses are larger. Note that EPC data is not available for all properties in Reading.

5 PIERCEFIELD: Plot and Title Map

5 PIERCEFIELD sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 5 PIERCEFIELD, 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 5 PIERCEFIELD). 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 5 PIERCEFIELD?

5 PIERCEFIELD is located in CALCOT, in the RG31 postcode district. The below map shows the position of No. 5 on PIERCEFIELD.