7, WOLSEY ROAD, CAVERSHAM, READING, RG4 8BY - £515,000

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 WOLSEY ROAD is a very small extended detached house of 84m², built sometime between 1950 and 1966. It was last sold for £515,000 in February 2023, which was around 28% below the average February 2023 detached price in the Reading local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was C.

7 WOLSEY ROAD Sold Prices

Land registry data shows three sales for 7 WOLSEY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Reading local authority area for the corresponding sale date. All of the three 7 WOLSEY 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
2023 27 FEB	£515,000	£717,219	28% below HPI
2007 20 APR	£250,000	£389,193	36% below HPI
1997 28 APR	£73,000	£132,274	45% below HPI

7 WOLSEY 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 three 7 WOLSEY ROAD sales between April 1997 and February 2023 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 2007 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the February 2023 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 7 WOLSEY ROAD?

7 WOLSEY ROAD is 84m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the smallest 10% 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 WOLSEY ROAD lies on this distribution: 7% of detached houses are smaller than 7 WOLSEY ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Caversham.

7 WOLSEY ROAD: Plot and Title Map

7 WOLSEY ROAD sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 7 WOLSEY 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 WOLSEY 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 WOLSEY ROAD?

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