7, SHEEP WALK, EMMER GREEN, READING, RG4 8NE - £330,000

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 SHEEP WALK is a very small extended detached house of 97m², built sometime between 1967 and 1975. It was last sold for £330,000 in November 2004, which was around 7% below the average November 2004 detached price in the Reading local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

7 SHEEP WALK Sold Prices

Land registry data shows two sales for 7 SHEEP WALK 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 SHEEP WALK sales was for below the average price, whilst the other was for above 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
2004 12 NOV	£330,000	£356,719	7% below HPI
1997 27 NOV	£165,000	£154,567	7% above HPI

7 SHEEP WALK 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 SHEEP WALK sales from November 1997 and November 2004 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 November 1997 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the November 2004 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 7 SHEEP WALK be worth now?

7 SHEEP WALK might now be worth an estimated £646,082.

This is based on house price inflation of 95.8%, between November 2004 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 95.8% inflationary increase is applied to the most recent sale price for 7 SHEEP WALK of £330,000 on 12th November 2004. For the value to have increased from £330,000 to £646,082 over the nineteen years and eleven months to December 2024, the following assumptions must hold true:

• The value of 7 SHEEP WALK has moved in line with the HPI for detached houses in the Reading local authority area.
• The November 2004 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 7 SHEEP WALK has not materially changed since November 2004.

How Large is 7 SHEEP WALK?

7 SHEEP WALK is 97m², which includes one extension, according to the EPC inspection conducted in January 2020. 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 SHEEP WALK lies on this distribution: 17% of detached houses houses are smaller than 7 SHEEP WALK, and 82% of houses are larger. Note that EPC data is not available for all properties in Caversham.

7 SHEEP WALK: Plot and Title Map

7 SHEEP WALK sits on a plot of roughly 0.161 of an acre, or 653m². The below map shows the location of 7 SHEEP WALK, 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 SHEEP WALK). 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 SHEEP WALK?

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