7, MAY PARK, CALCOT, READING, RG31 7RU - £495,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 MAY PARK is a midsized detached house of 113m², built sometime between 1991 and 1995, which could now be worth an estimated £583,299. It was last sold for £495,000 in April 2019, which was around 16% below the average April 2019 detached price in the West Berkshire local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

7 MAY PARK Sold Prices

Land registry data shows two sales for 7 MAY PARK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. Both of the two 7 MAY PARK 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
2019 5 APR	£495,000	£588,956	16% below HPI
2002 29 AUG	£272,500	£311,495	13% below HPI

7 MAY PARK Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Berkshire local authority area over time, sourced from the HPI. The two 7 MAY PARK sales from August 2002 and April 2019 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 2002 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the April 2019 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 7 MAY PARK be worth now?

7 MAY PARK might now be worth an estimated £583,299.

This is based on house price inflation of 17.8%, between April 2019 and December 2024, for detached houses, in the West Berkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.8% inflationary increase is applied to the most recent sale price for 7 MAY PARK of £495,000 on 5th April 2019. For the value to have increased from £495,000 to £583,299 over the four years and four months to December 2024, the following assumptions must hold true:

• The value of 7 MAY PARK has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The April 2019 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MAY PARK has not materially changed since April 2019.

How Large is 7 MAY PARK?

7 MAY PARK is 113m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 50% 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 MAY PARK lies on this distribution: 43% of detached houses houses are smaller than 7 MAY PARK, and 56% of houses are larger. Note that EPC data is not available for all properties in Reading.

7 MAY PARK: Plot and Title Map

7 MAY PARK sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 7 MAY PARK, 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 MAY PARK). 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 MAY PARK?

7 MAY PARK is located in CALCOT, in the RG31 postcode district. The below map shows the position of No. 7 on MAY PARK.