LODGE COTTAGE, UPPER WARREN AVENUE, CAVERSHAM, READING, RG4 7ED - £420,000

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

LODGE COTTAGE is a very small extended detached house of 97m², built sometime before 1900. It was last sold for £420,000 in December 2009, which was around 14% above the average December 2009 detached price in the Reading local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was C.

LODGE COTTAGE Sold Prices

Land registry data shows two sales for LODGE COTTAGE 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. One of the two LODGE COTTAGE sales was for above the average price, whilst the other was 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
2009 18 DEC	£420,000	£369,513	14% above HPI
2002 21 MAR	£245,000	£298,782	18% below HPI

LODGE COTTAGE 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 LODGE COTTAGE sales from March 2002 and December 2009 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 March 2002 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2009 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might LODGE COTTAGE be worth now?

LODGE COTTAGE might now be worth an estimated £793,815.

This is based on house price inflation of 89%, between December 2009 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 89% inflationary increase is applied to the most recent sale price for LODGE COTTAGE of £420,000 on 18th December 2009. For the value to have increased from £420,000 to £793,815 over the fifteen years to December 2024, the following assumptions must hold true:

• The value of LODGE COTTAGE has moved in line with the HPI for detached houses in the Reading local authority area.
• The December 2009 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of LODGE COTTAGE has not materially changed since December 2009.

How Large is LODGE COTTAGE?

LODGE COTTAGE is 97m², which includes two extensions, according to the EPC inspection conducted in August 2009. This puts it in the smallest 20% of detached houses houses in Caversham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Caversham, and where LODGE COTTAGE lies on this distribution: 18% of detached houses houses are smaller than LODGE COTTAGE, and 82% of houses are larger. Note that EPC data is not available for all properties in Caversham.

LODGE COTTAGE: Plot and Title Map

LODGE COTTAGE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of LODGE COTTAGE, 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 LODGE COTTAGE). 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 LODGE COTTAGE?

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