55, SHERIDAN AVENUE, CAVERSHAM, READING, RG4 7QB - £240,000

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.

55 SHERIDAN AVENUE is a very small detached house of 55m², built sometime between 1950 and 1966, which could now be worth an estimated £406,185. It was last sold for £240,000 in October 2012, which was around 41% below the average October 2012 detached price in the Reading local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

55 SHERIDAN AVENUE Sold Prices

Land registry data shows three sales for 55 SHERIDAN AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Reading local authority area for the corresponding sale date. All of the three 55 SHERIDAN AVENUE 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
2012 19 OCT	£240,000	£409,268	41% below HPI
2002 25 OCT	£178,000	£332,294	46% below HPI
1997 11 APR	£80,000	£134,520	41% below HPI

55 SHERIDAN AVENUE 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 three 55 SHERIDAN AVENUE sales between April 1997 and October 2012 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 2002 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the October 2012 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 55 SHERIDAN AVENUE be worth now?

55 SHERIDAN AVENUE might now be worth an estimated £406,185.

This is based on house price inflation of 69.2%, between October 2012 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 69.2% inflationary increase is applied to the most recent sale price for 55 SHERIDAN AVENUE of £240,000 on 19th October 2012. For the value to have increased from £240,000 to £406,185 over the thirteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 55 SHERIDAN AVENUE has moved in line with the HPI for detached houses in the Reading local authority area.
• The October 2012 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 55 SHERIDAN AVENUE has not materially changed since October 2012.

How Large is 55 SHERIDAN AVENUE?

55 SHERIDAN AVENUE is 55m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 10% 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 55 SHERIDAN AVENUE lies on this distribution: 1% of detached houses houses are smaller than 55 SHERIDAN AVENUE, and 99% of houses are larger. Note that EPC data is not available for all properties in Caversham.

55 SHERIDAN AVENUE: Plot and Title Map

55 SHERIDAN AVENUE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 55 SHERIDAN AVENUE, 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 55 SHERIDAN AVENUE). 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 55 SHERIDAN AVENUE?

55 SHERIDAN AVENUE is located in CAVERSHAM, in the RG4 postcode district. The below map shows the position of No. 55 on SHERIDAN AVENUE.