8, CORFE MEWS, CAVERSHAM, READING, RG4 6NR - £340,000

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

8 CORFE MEWS is a very small detached house of 75m², built sometime between 1967 and 1975, which could now be worth an estimated £383,372. It was last sold for £340,000 in June 2018, which was around 45% below the average June 2018 detached price in the Reading local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

8 CORFE MEWS Sold Prices

Land registry data shows two sales for 8 CORFE MEWS 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 8 CORFE MEWS 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
2018 20 JUN	£340,000	£619,381	45% below HPI
2002 1 MAR	£155,000	£298,782	48% below HPI

8 CORFE MEWS 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 8 CORFE MEWS sales from March 2002 and June 2018 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 March 2002 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the June 2018 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 8 CORFE MEWS be worth now?

8 CORFE MEWS might now be worth an estimated £383,372.

This is based on house price inflation of 12.8%, between June 2018 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 12.8% inflationary increase is applied to the most recent sale price for 8 CORFE MEWS of £340,000 on 20th June 2018. For the value to have increased from £340,000 to £383,372 over the five years and six months to December 2024, the following assumptions must hold true:

• The value of 8 CORFE MEWS has moved in line with the HPI for detached houses in the Reading local authority area.
• The June 2018 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CORFE MEWS has not materially changed since June 2018.

How Large is 8 CORFE MEWS?

8 CORFE MEWS is 75m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 10% 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 8 CORFE MEWS lies on this distribution: 4% of detached houses houses are smaller than 8 CORFE MEWS, and 96% of houses are larger. Note that EPC data is not available for all properties in Caversham.

8 CORFE MEWS: Plot and Title Map

8 CORFE MEWS sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 8 CORFE MEWS, 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 8 CORFE MEWS). 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 8 CORFE MEWS?

8 CORFE MEWS is located in CAVERSHAM, in the RG4 postcode district. The below map shows the position of No. 8 on CORFE MEWS.