7, GURNEY DRIVE, CAVERSHAM, READING, RG4 7LG - £195,000

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

7 GURNEY DRIVE is a very small extended detached house of 74m², built sometime between 1950 and 1966. It was last sold for £195,000 in February 2002, which was around 32% below the average February 2002 detached price in the Reading local authority area. The most recent EPC inspection was January 2024, where the current energy rating was E, and the potential energy rating was C.

7 GURNEY DRIVE Sold Prices

Land registry data shows two sales for 7 GURNEY 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 Reading local authority area for the corresponding sale date. Both of the two 7 GURNEY DRIVE 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
2002 28 FEB	£195,000	£286,161	32% below HPI
2001 3 AUG	£160,000	£276,507	42% below HPI

7 GURNEY DRIVE 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 two 7 GURNEY DRIVE sales from August 2001 and February 2002 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 August 2001 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the February 2002 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 7 GURNEY DRIVE?

7 GURNEY DRIVE is 74m², which includes two extensions, according to the EPC inspection conducted in January 2024. This puts it in the smallest 10% of detached houses in Caversham, based on EPC data. The below chart shows the distribution of detached houses by size in Caversham, and where 7 GURNEY DRIVE lies on this distribution: 3% of detached houses are smaller than 7 GURNEY DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Caversham.

7 GURNEY DRIVE: Plot and Title Map

7 GURNEY DRIVE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 7 GURNEY 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 7 GURNEY 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 7 GURNEY DRIVE?

7 GURNEY DRIVE is located in CAVERSHAM, in the RG4 postcode district. The below map shows the position of No. 7 on GURNEY DRIVE.