7, OAK GROVE, EMMER GREEN, READING, RG4 8AW - £565,000

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 OAK GROVE is a small detached house of 119m², built sometime between 2007 and 2011. It was last sold for £565,000 in March 2022, which was around 15% below the average March 2022 detached price in the Reading local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

7 OAK GROVE Sold Prices

Land registry data shows two sales for 7 OAK GROVE 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 OAK GROVE 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
2022 25 MAR	£565,000	£667,671	15% below HPI
2010 30 JUL	£335,000	£390,412	14% below HPI

7 OAK GROVE 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 OAK GROVE sales from July 2010 and March 2022 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 2010 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the March 2022 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 7 OAK GROVE?

7 OAK GROVE is 119m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 40% 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 OAK GROVE lies on this distribution: 37% of detached houses are smaller than 7 OAK GROVE, and 62% of houses are larger. Note that EPC data is not available for all properties in Caversham.

7 OAK GROVE: Plot and Title Map

7 OAK GROVE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 7 OAK GROVE, 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 OAK GROVE). 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 OAK GROVE?

7 OAK GROVE is located in EMMER GREEN, in the RG4 postcode district. The below map shows the position of No. 7 on OAK GROVE.