63, PADDICK DRIVE, LOWER EARLEY, READING, RG6 4HF - £805,000

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

63 PADDICK DRIVE is a very large extended detached house of 174m², built sometime between 1996 and 2002. It was last sold for £805,000 in February 2024, which was around 12% above the average February 2024 detached price in the Wokingham local authority area. The most recent EPC inspection was March 2023, where the current energy rating was B, and the potential energy rating was B.

63 PADDICK DRIVE Sold Prices

Land registry data shows three sales for 63 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 63 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 21 FEB	£805,000	£717,927	12% above HPI
2002 28 FEB	£385,000	£293,296	31% above HPI
2000 26 MAY	£302,995	£251,859	20% above HPI

63 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 63 PADDICK DRIVE sales between May 2000 and February 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 February 2002 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the February 2024 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 63 PADDICK DRIVE?

63 PADDICK DRIVE is 174m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 20% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 63 PADDICK DRIVE lies on this distribution: 86% of detached houses are smaller than 63 PADDICK DRIVE, and 14% of houses are larger. Note that EPC data is not available for all properties in Reading.

63 PADDICK DRIVE: Plot and Title Map

63 PADDICK DRIVE sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of 63 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 63 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 63 PADDICK DRIVE?

63 PADDICK DRIVE is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 63 on PADDICK DRIVE.