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
68 SOUTHCOTE LANE is a very large extended detached house of 181m², built sometime between 1950 and 1966. It was last sold for £755,000 in April 2023, which was around 9% above the average April 2023 detached price in the Reading local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 68 SOUTHCOTE LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Reading local authority area for the corresponding sale date. One of the two 68 SOUTHCOTE LANE sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2023 5 APR | £755,000 | £694,970 | 9% above HPI |
2013 16 MAY | £387,500 | £411,590 | 6% below HPI |
The below graph shows the average detached house price in the Reading local authority area over time, sourced from the HPI. The two 68 SOUTHCOTE LANE sales from May 2013 and April 2023 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 2013 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the April 2023 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.
68 SOUTHCOTE LANE is 181m², which includes two extensions, according to the EPC inspection conducted in November 2022. 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 68 SOUTHCOTE LANE lies on this distribution: 88% of detached houses are smaller than 68 SOUTHCOTE LANE, and 11% of houses are larger. Note that EPC data is not available for all properties in Reading.
68 SOUTHCOTE LANE sits on a plot of roughly 0.153 of an acre, or 620m². The below map shows the location of 68 SOUTHCOTE LANE, 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 68 SOUTHCOTE LANE). 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.
68 SOUTHCOTE LANE is located in READING, in the RG30 postcode district. The below map shows the position of No. 68 on SOUTHCOTE LANE.