79, SOUTHCOTE LANE, READING, RG30 3AH - £500,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

79 SOUTHCOTE LANE is a large extended detached house of 143m², built sometime between 1950 and 1966, which could now be worth an estimated £541,882. It was last sold for £500,000 in September 2017, which was around 22% below the average September 2017 detached price in the Reading local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was C.

79 SOUTHCOTE LANE Sold Prices

Land registry data shows three sales for 79 SOUTHCOTE LANE 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 79 SOUTHCOTE LANE 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
2017 12 SEP	£500,000	£639,124	22% below HPI
2015 12 JUN	£402,000	£524,416	23% below HPI
2011 1 MAR	£340,000	£400,307	15% below HPI

79 SOUTHCOTE LANE 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 79 SOUTHCOTE LANE sales between March 2011 and September 2017 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 2015 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the September 2017 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 79 SOUTHCOTE LANE be worth now?

79 SOUTHCOTE LANE might now be worth an estimated £541,882.

This is based on house price inflation of 8.4%, between September 2017 and February 2025, 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 8.4% inflationary increase is applied to the most recent sale price for 79 SOUTHCOTE LANE of £500,000 on 12th September 2017. For the value to have increased from £500,000 to £541,882 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of 79 SOUTHCOTE LANE has moved in line with the HPI for detached houses in the Reading local authority area.
• The September 2017 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 79 SOUTHCOTE LANE has not materially changed since September 2017.

How Large is 79 SOUTHCOTE LANE?

79 SOUTHCOTE LANE is 143m², which includes one extension, according to the EPC inspection conducted in June 2010. This puts it in the largest 40% of detached houses houses in Reading, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reading, and where 79 SOUTHCOTE LANE lies on this distribution: 70% of detached houses houses are smaller than 79 SOUTHCOTE LANE, and 30% of houses are larger. Note that EPC data is not available for all properties in Reading.

79 SOUTHCOTE LANE: Plot and Title Map

79 SOUTHCOTE LANE sits on a plot of roughly 0.134 of an acre, or 543m². The below map shows the location of 79 SOUTHCOTE LANE, 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 79 SOUTHCOTE LANE). 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 79 SOUTHCOTE LANE?

79 SOUTHCOTE LANE is located in READING, in the RG30 postcode district. The below map shows the position of No. 79 on SOUTHCOTE LANE.