FLAT 2, RADNOR HOUSE, REMBRANDT WAY, READING, RG1 6QP - £131,000

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

FLAT 2 RADNOR HOUSE is a very small detached house of 53m², built sometime between 1996 and 2002, which could now be worth an estimated £275,327. It was last sold for £131,000 in October 2002, which was around 61% below the average October 2002 detached price in the Reading local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

FLAT 2 RADNOR HOUSE Sold Prices

Land registry data shows two sales for FLAT 2 RADNOR HOUSE 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 FLAT 2 RADNOR HOUSE 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
2002 31 OCT	£131,000	£332,294	61% below HPI
1998 9 DEC	£62,500	£182,005	66% below HPI

FLAT 2 RADNOR HOUSE 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 FLAT 2 RADNOR HOUSE sales from December 1998 and October 2002 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 1998 sale was for 66% below the HPI. So the extrapolation line tracks at 66% below the HPI over time, until the October 2002 sale, where it rises to 61% below the HPI. The line then continues to track at 61% below the HPI.

What might FLAT 2 RADNOR HOUSE be worth now?

FLAT 2 RADNOR HOUSE might now be worth an estimated £275,327.

This is based on house price inflation of 110.2%, between October 2002 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 110.2% inflationary increase is applied to the most recent sale price for FLAT 2 RADNOR HOUSE of £131,000 on 31st October 2002. For the value to have increased from £131,000 to £275,327 over the 21 years and ten months to December 2024, the following assumptions must hold true:

• The value of FLAT 2 RADNOR HOUSE has moved in line with the HPI for detached houses in the Reading local authority area.
• The October 2002 sale price of £131,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 2 RADNOR HOUSE has not materially changed since October 2002.

How Large is FLAT 2 RADNOR HOUSE?

FLAT 2 RADNOR HOUSE is 53m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 10% 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 FLAT 2 RADNOR HOUSE lies on this distribution: 1% of detached houses houses are smaller than FLAT 2 RADNOR HOUSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Reading.

FLAT 2 RADNOR HOUSE: Plot and Title Map

FLAT 2 RADNOR HOUSE sits on a plot of roughly 6.6 acres, or 26,780m². The below map shows the location of FLAT 2 RADNOR HOUSE, 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 FLAT 2 RADNOR HOUSE). 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 FLAT 2 RADNOR HOUSE?

FLAT 2, RADNOR HOUSE is located on REMBRANDT WAY in READING, in the RG1 postcode district. The below map shows the position of FLAT 2, RADNOR HOUSE on REMBRANDT WAY.