7, DOWNSHIRE SQUARE, READING, RG1 6NJ - £1,095,000

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.

7 DOWNSHIRE SQUARE is a very large extended detached house of 277m², built sometime before 1900, which could now be worth an estimated £1,039,486. It was last sold for £1,095,000 in January 2023, which was around 50% above the average January 2023 detached price in the Reading local authority area. The most recent EPC inspection was November 2022, where the current energy rating was E, and the potential energy rating was C.

7 DOWNSHIRE SQUARE Sold Prices

Land registry data shows three sales for 7 DOWNSHIRE SQUARE 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 7 DOWNSHIRE SQUARE 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
2023 13 JAN	£1,095,000	£729,652	50% above HPI
2007 5 JUL	£730,000	£407,111	79% above HPI
1997 12 JUN	£236,000	£136,517	73% above HPI

7 DOWNSHIRE SQUARE 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 7 DOWNSHIRE SQUARE sales between June 1997 and January 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 July 2007 sale was for 79% above the HPI. So the extrapolation line tracks at 79% above the HPI over time, until the January 2023 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might 7 DOWNSHIRE SQUARE be worth now?

7 DOWNSHIRE SQUARE might now be worth an estimated £1,039,486.

This is based on house price deflation of 5.1%, between January 2023 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 5.1% deflationary decrease is applied to the most recent sale price for 7 DOWNSHIRE SQUARE of £1,095,000 on 13th January 2023. For the value to have decreased from £1,095,000 to £1,039,486 over the one year and eleven months to February 2025, the following assumptions must hold true:

• The value of 7 DOWNSHIRE SQUARE has moved in line with the HPI for detached houses in the Reading local authority area.
• The January 2023 sale price of £1,095,000 represented a fair market value for the property.
• The size, condition, and specification of 7 DOWNSHIRE SQUARE has not materially changed since January 2023.

How Large is 7 DOWNSHIRE SQUARE?

7 DOWNSHIRE SQUARE is 277m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the largest 10% 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 7 DOWNSHIRE SQUARE lies on this distribution: 99% of detached houses houses are smaller than 7 DOWNSHIRE SQUARE, and 1% of houses are larger. Note that EPC data is not available for all properties in Reading.

7 DOWNSHIRE SQUARE: Plot and Title Map

7 DOWNSHIRE SQUARE sits on a plot of roughly 0.366 of an acre, or 1,482m². The below map shows the location of 7 DOWNSHIRE SQUARE, 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 7 DOWNSHIRE SQUARE). 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 7 DOWNSHIRE SQUARE?

7 DOWNSHIRE SQUARE is located in READING, in the RG1 postcode district. The below map shows the position of No. 7 on DOWNSHIRE SQUARE.