MELROSE COTTAGE, 8, CROWN PLACE, READING, RG1 5AE - £375,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

MELROSE COTTAGE is a very small detached house of 81m², built sometime before 1900, which could now be worth an estimated £369,937. It was last sold for £375,000 in March 2025, which was around 48% below the average March 2025 detached price in the Reading local authority area. The most recent EPC inspection was December 2020, where the current energy rating was D, and the potential energy rating was B.

MELROSE COTTAGE Sold Prices

Land registry data shows two sales for MELROSE 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. Both of the two MELROSE COTTAGE 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
2025 26 MAR	£375,000	£715,625	48% below HPI
2021 23 MAR	£367,000	£617,746	41% below HPI

MELROSE 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 MELROSE COTTAGE sales from March 2021 and March 2025 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 2021 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the March 2025 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

What might MELROSE COTTAGE be worth now?

MELROSE COTTAGE might now be worth an estimated £369,937.

This is based on house price deflation of 1.4%, between March 2025 and July 2025, 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 1.4% deflationary decrease is applied to the most recent sale price for MELROSE COTTAGE of £375,000 on 26th March 2025. For the value to have decreased from £375,000 to £369,937 over the eight months to July 2025, the following assumptions must hold true:

• The value of MELROSE COTTAGE has moved in line with the HPI for detached houses in the Reading local authority area.
• The March 2025 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of MELROSE COTTAGE has not materially changed since March 2025.

How Large is MELROSE COTTAGE?

MELROSE COTTAGE is 81m² according to the EPC inspection conducted in December 2020. This puts it in the smallest 20% 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 MELROSE COTTAGE lies on this distribution: 11% of detached houses houses are smaller than MELROSE COTTAGE, and 88% of houses are larger. Note that EPC data is not available for all properties in Reading.

MELROSE COTTAGE: Plot and Title Map

MELROSE COTTAGE sits on a plot of roughly 0.017 of an acre, or 69m². The below map shows the location of MELROSE 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 MELROSE 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 MELROSE COTTAGE?

MELROSE COTTAGE is located on CROWN PLACE in READING, in the RG1 postcode district. The below map shows the position of MELROSE COTTAGE on CROWN PLACE.