8, COWPER WAY, READING, RG30 3EA - £354,000

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.

8 COWPER WAY is a small extended detached house of 111m², built sometime between 1967 and 1975, which could now be worth an estimated £437,991. It was last sold for £354,000 in October 2015, which was around 37% below the average October 2015 detached price in the Reading local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

8 COWPER WAY Sold Prices

Land registry data shows three sales for 8 COWPER WAY 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 8 COWPER WAY 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
2015 16 OCT	£354,000	£559,833	37% below HPI
1997 18 DEC	£123,000	£156,720	22% below HPI
1995 5 MAY	£87,000	£118,580	27% below HPI

8 COWPER WAY 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 8 COWPER WAY sales between May 1995 and October 2015 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 December 1997 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2015 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 8 COWPER WAY be worth now?

8 COWPER WAY might now be worth an estimated £437,991.

This is based on house price inflation of 23.7%, between October 2015 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 23.7% inflationary increase is applied to the most recent sale price for 8 COWPER WAY of £354,000 on 16th October 2015. For the value to have increased from £354,000 to £437,991 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 8 COWPER WAY has moved in line with the HPI for detached houses in the Reading local authority area.
• The October 2015 sale price of £354,000 represented a fair market value for the property.
• The size, condition, and specification of 8 COWPER WAY has not materially changed since October 2015.

How Large is 8 COWPER WAY?

8 COWPER WAY is 111m², which includes one extension, according to the EPC inspection conducted in June 2012. This puts it in the smallest 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 8 COWPER WAY lies on this distribution: 40% of detached houses houses are smaller than 8 COWPER WAY, and 59% of houses are larger. Note that EPC data is not available for all properties in Reading.

8 COWPER WAY: Plot and Title Map

8 COWPER WAY sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 8 COWPER WAY, 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 COWPER WAY). 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 COWPER WAY?

8 COWPER WAY is located in READING, in the RG30 postcode district. The below map shows the position of No. 8 on COWPER WAY.