8, CRESSINGHAM ROAD, READING, RG2 7JE - £400,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 CRESSINGHAM ROAD is a very small detached house of 60m², built sometime between 1950 and 1966. It was last sold for £400,000 in August 2016, which was around 35% below the average August 2016 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 CRESSINGHAM ROAD Sold Prices

Land registry data shows three sales for 8 CRESSINGHAM 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 8 CRESSINGHAM 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
2016 4 AUG	£400,000	£617,048	35% below HPI
2006 9 JAN	£225,000	£343,701	35% below HPI
1998 16 NOV	£99,000	£175,843	44% below HPI

8 CRESSINGHAM 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 8 CRESSINGHAM ROAD sales between November 1998 and August 2016 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 January 2006 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2016 sale, which was also at 35% below the HPI.

How Large is 8 CRESSINGHAM ROAD?

8 CRESSINGHAM ROAD is 60m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 10% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 8 CRESSINGHAM ROAD lies on this distribution: 2% of detached houses are smaller than 8 CRESSINGHAM ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Reading.

8 CRESSINGHAM ROAD: Plot and Title Map

8 CRESSINGHAM ROAD sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 8 CRESSINGHAM 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 8 CRESSINGHAM 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 8 CRESSINGHAM ROAD?

8 CRESSINGHAM ROAD is located in READING, in the RG2 postcode district. The below map shows the position of No. 8 on CRESSINGHAM ROAD.