8, PARK GROVE, READING, RG30 2NJ - £231,000

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 PARK GROVE is a very small detached house of 64m², built sometime between 1900 and 1929. It was last sold for £231,000 in July 2014, which was around 50% below the average July 2014 detached price in the Reading local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

8 PARK GROVE Sold Prices

Land registry data shows two sales for 8 PARK GROVE 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 PARK GROVE 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
2014 8 JUL	£231,000	£466,346	50% below HPI
2008 22 JUL	£194,750	£390,437	50% below HPI

8 PARK GROVE 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 PARK GROVE sales from July 2008 and July 2014 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 July 2008 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the July 2014 sale, which was also at 50% below the HPI.

How Large is 8 PARK GROVE?

8 PARK GROVE is 64m² according to the EPC inspection conducted in February 2015. 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 PARK GROVE lies on this distribution: 3% of detached houses are smaller than 8 PARK GROVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Reading.

8 PARK GROVE: Plot and Title Map

8 PARK GROVE sits on a plot of roughly 0.335 of an acre, or 1,354m². The below map shows the location of 8 PARK GROVE, 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 PARK GROVE). 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 PARK GROVE?

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