7, PENROATH AVENUE, READING, RG30 2ED - £415,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 PENROATH AVENUE is a very large extended detached house of 180m², built sometime between 1930 and 1949. It was last sold for £415,000 in May 2013, which was around 1% above the average May 2013 detached price in the Reading local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

7 PENROATH AVENUE Sold Prices

Land registry data shows two sales for 7 PENROATH AVENUE 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. One of the two 7 PENROATH AVENUE sales was for above the average price, whilst the other was 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
2013 23 MAY	£415,000	£411,590	1% above HPI
2010 28 APR	£350,000	£376,051	7% below HPI

7 PENROATH AVENUE 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 PENROATH AVENUE sales from April 2010 and May 2013 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 April 2010 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the May 2013 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 7 PENROATH AVENUE?

7 PENROATH AVENUE is 180m², which includes three extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 20% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 7 PENROATH AVENUE lies on this distribution: 88% of detached houses are smaller than 7 PENROATH AVENUE, and 12% of houses are larger. Note that EPC data is not available for all properties in Reading.

7 PENROATH AVENUE: Plot and Title Map

7 PENROATH AVENUE sits on a plot of roughly 0.141 of an acre, or 572m². The below map shows the location of 7 PENROATH AVENUE, 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 PENROATH AVENUE). 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 PENROATH AVENUE?

7 PENROATH AVENUE is located in READING, in the RG30 postcode district. The below map shows the position of No. 7 on PENROATH AVENUE.