7, MICKLANDS ROAD, CAVERSHAM, READING, RG4 6LU - £472,000

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 MICKLANDS ROAD is a very small detached house of 89m², built sometime between 1950 and 1966, which could now be worth an estimated £529,851. It was last sold for £472,000 in September 2018, which was around 24% below the average September 2018 detached price in the Reading local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

7 MICKLANDS ROAD Sold Prices

Land registry data shows two sales for 7 MICKLANDS ROAD 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 MICKLANDS ROAD 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
2018 17 SEP	£472,000	£622,140	24% below HPI
1999 12 OCT	£145,000	£211,788	32% below HPI

7 MICKLANDS ROAD 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 MICKLANDS ROAD sales from October 1999 and September 2018 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 October 1999 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the September 2018 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 7 MICKLANDS ROAD be worth now?

7 MICKLANDS ROAD might now be worth an estimated £529,851.

This is based on house price inflation of 12.3%, between September 2018 and December 2024, 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 12.3% inflationary increase is applied to the most recent sale price for 7 MICKLANDS ROAD of £472,000 on 17th September 2018. For the value to have increased from £472,000 to £529,851 over the five years and nine months to December 2024, the following assumptions must hold true:

• The value of 7 MICKLANDS ROAD has moved in line with the HPI for detached houses in the Reading local authority area.
• The September 2018 sale price of £472,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MICKLANDS ROAD has not materially changed since September 2018.

How Large is 7 MICKLANDS ROAD?

7 MICKLANDS ROAD is 89m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 20% of detached houses houses in Caversham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Caversham, and where 7 MICKLANDS ROAD lies on this distribution: 11% of detached houses houses are smaller than 7 MICKLANDS ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Caversham.

7 MICKLANDS ROAD: Plot and Title Map

7 MICKLANDS ROAD sits on a plot of roughly 0.130 of an acre, or 525m². The below map shows the location of 7 MICKLANDS ROAD, 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 MICKLANDS ROAD). 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 MICKLANDS ROAD?

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