HIGH RIDGE, UPPER WARREN AVENUE, CAVERSHAM, READING, RG4 7ED - £1,035,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

HIGH RIDGE is a large extended detached house of 182m², built sometime between 1950 and 1966. It was last sold for £1,035,000 in December 2019, which was around 75% above the average December 2019 detached price in the Reading local authority area. The most recent EPC inspection was September 2011, where the current energy rating was F, and the potential energy rating was E.

HIGH RIDGE Sold Prices

Land registry data shows two sales for HIGH RIDGE 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 HIGH RIDGE sales were for above 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
2019 20 DEC	£1,035,000	£591,563	75% above HPI
2012 6 AUG	£875,200	£404,082	117% above HPI

HIGH RIDGE 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 HIGH RIDGE sales from August 2012 and December 2019 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 August 2012 sale was for 117% above the HPI. So the extrapolation line tracks at 117% above the HPI over time, until the December 2019 sale, where it falls to 75% above the HPI. The line then continues to track at 75% above the HPI.

How Large is HIGH RIDGE?

HIGH RIDGE is 182m², which includes two extensions, according to the EPC inspection conducted in September 2011. This puts it in the largest 30% of detached houses in Caversham, based on EPC data. The below chart shows the distribution of detached houses by size in Caversham, and where HIGH RIDGE lies on this distribution: 80% of detached houses are smaller than HIGH RIDGE, and 20% of houses are larger. Note that EPC data is not available for all properties in Caversham.

HIGH RIDGE: Plot and Title Map

HIGH RIDGE sits on a plot of roughly 0.990 of an acre, or 4,007m². The below map shows the location of HIGH RIDGE, 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 HIGH RIDGE). 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 HIGH RIDGE?

HIGH RIDGE is located on UPPER WARREN AVENUE in CAVERSHAM, in the RG4 postcode district. The below map shows the position of HIGH RIDGE on UPPER WARREN AVENUE.