SUNLANDS, MICKLANDS ROAD, CAVERSHAM, READING, RG4 6LT - £360,000

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.

SUNLANDS is a very small extended detached house of 86m², built sometime between 1967 and 1975, which could now be worth an estimated £415,617. It was last sold for £360,000 in January 2020, which was around 40% below the average January 2020 detached price in the Reading local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

SUNLANDS Sold Prices

Land registry data shows two sales for SUNLANDS 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 SUNLANDS 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
2020 31 JAN	£360,000	£599,970	40% below HPI
1999 22 NOV	£166,000	£218,411	24% below HPI

SUNLANDS 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 SUNLANDS sales from November 1999 and January 2020 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 November 1999 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the January 2020 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might SUNLANDS be worth now?

SUNLANDS might now be worth an estimated £415,617.

This is based on house price inflation of 15.4%, between January 2020 and February 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 15.4% inflationary increase is applied to the most recent sale price for SUNLANDS of £360,000 on 31st January 2020. For the value to have increased from £360,000 to £415,617 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of SUNLANDS has moved in line with the HPI for detached houses in the Reading local authority area.
• The January 2020 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of SUNLANDS has not materially changed since January 2020.

How Large is SUNLANDS?

SUNLANDS is 86m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the smallest 10% 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 SUNLANDS lies on this distribution: 8% of detached houses houses are smaller than SUNLANDS, and 91% of houses are larger. Note that EPC data is not available for all properties in Caversham.

SUNLANDS: Plot and Title Map

SUNLANDS sits on a plot of roughly 0.136 of an acre, or 551m². The below map shows the location of SUNLANDS, 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 SUNLANDS). 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 SUNLANDS?

SUNLANDS is located on MICKLANDS ROAD in CAVERSHAM, in the RG4 postcode district. The below map shows the position of SUNLANDS on MICKLANDS ROAD.