57, PADDICK DRIVE, LOWER EARLEY, READING, RG6 4HF - £625,000

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

57 PADDICK DRIVE is a midsized extended detached house of 121m², built sometime between 1996 and 2002. It was last sold for £625,000 in January 2022, which was around 9% below the average January 2022 detached price in the Wokingham local authority area. The most recent EPC inspection was August 2021, where the current energy rating was B, and the potential energy rating was B.

57 PADDICK DRIVE Sold Prices

Land registry data shows two sales for 57 PADDICK 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. One of the two 57 PADDICK DRIVE 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
2022 18 JAN	£625,000	£689,112	9% below HPI
2000 29 SEP	£264,995	£262,898	1% above HPI

57 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 two 57 PADDICK DRIVE sales from September 2000 and January 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 September 2000 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the January 2022 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 57 PADDICK DRIVE?

57 PADDICK DRIVE is 121m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the largest 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 57 PADDICK DRIVE lies on this distribution: 51% of detached houses are smaller than 57 PADDICK DRIVE, and 48% of houses are larger. Note that EPC data is not available for all properties in Reading.

57 PADDICK DRIVE: Plot and Title Map

57 PADDICK DRIVE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 57 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 57 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 57 PADDICK DRIVE?

57 PADDICK DRIVE is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 57 on PADDICK DRIVE.