7, MODBURY GARDENS, READING, RG2 7PD - £275,000

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 MODBURY GARDENS is a very small semi-detached house of 68m², built sometime between 1930 and 1949, which could now be worth an estimated £322,878. It was last sold for £275,000 in May 2016, which was around 25% below the average May 2016 semi-detached price in the Reading local authority area. The most recent EPC inspection was November 2011, where the current energy rating was C, and the potential energy rating was C.

7 MODBURY GARDENS Sold Prices

Land registry data shows four sales for 7 MODBURY GARDENS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Reading local authority area for the corresponding sale date. All of the four 7 MODBURY GARDENS 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
2016 6 MAY	£275,000	£366,787	25% below HPI
2012 7 JUN	£153,000	£242,527	37% below HPI
2002 12 APR	£114,950	£168,770	32% below HPI
2000 31 MAR	£89,500	£132,914	33% below HPI

7 MODBURY GARDENS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Reading local authority area over time, sourced from the HPI. The four 7 MODBURY GARDENS sales between March 2000 and May 2016 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 June 2012 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the May 2016 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 7 MODBURY GARDENS be worth now?

7 MODBURY GARDENS might now be worth an estimated £322,878.

This is based on house price inflation of 17.4%, between May 2016 and February 2025, for semi-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 17.4% inflationary increase is applied to the most recent sale price for 7 MODBURY GARDENS of £275,000 on 6th May 2016. For the value to have increased from £275,000 to £322,878 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of 7 MODBURY GARDENS has moved in line with the HPI for semi-detached houses in the Reading local authority area.
• The May 2016 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MODBURY GARDENS has not materially changed since May 2016.

How Large is 7 MODBURY GARDENS?

7 MODBURY GARDENS is 68m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 10% of semi-detached houses houses in Reading, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Reading, and where 7 MODBURY GARDENS lies on this distribution: 5% of semi-detached houses houses are smaller than 7 MODBURY GARDENS, and 95% of houses are larger. Note that EPC data is not available for all properties in Reading.

7 MODBURY GARDENS: Plot and Title Map

7 MODBURY GARDENS sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 7 MODBURY GARDENS, 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 MODBURY GARDENS). 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 MODBURY GARDENS?

7 MODBURY GARDENS is located in READING, in the RG2 postcode district. The below map shows the position of No. 7 on MODBURY GARDENS.