THE BUNGALOW, SEND ROAD, CAVERSHAM, READING, RG4 8EH - £405,000

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.

THE BUNGALOW is a very small detached house of 84m², built sometime between 1950 and 1966, which could now be worth an estimated £470,300. It was last sold for £405,000 in November 2019, which was around 32% below the average November 2019 detached price in the Reading local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

THE BUNGALOW Sold Prices

Land registry data shows two sales for THE BUNGALOW 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 THE BUNGALOW 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
2019 26 NOV	£405,000	£596,486	32% below HPI
2017 16 JUN	£250,000	£620,918	60% below HPI

THE BUNGALOW 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 THE BUNGALOW sales from June 2017 and November 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 June 2017 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the November 2019 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might THE BUNGALOW be worth now?

THE BUNGALOW might now be worth an estimated £470,300.

This is based on house price inflation of 16.1%, between November 2019 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 16.1% inflationary increase is applied to the most recent sale price for THE BUNGALOW of £405,000 on 26th November 2019. For the value to have increased from £405,000 to £470,300 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of THE BUNGALOW has moved in line with the HPI for detached houses in the Reading local authority area.
• The November 2019 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of THE BUNGALOW has not materially changed since November 2019.

How Large is THE BUNGALOW?

THE BUNGALOW is 84m² according to the EPC inspection conducted in November 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 THE BUNGALOW lies on this distribution: 7% of detached houses houses are smaller than THE BUNGALOW, and 92% of houses are larger. Note that EPC data is not available for all properties in Caversham.

THE BUNGALOW: Plot and Title Map

THE BUNGALOW sits on a plot of roughly 0.163 of an acre, or 660m². The below map shows the location of THE BUNGALOW, 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 THE BUNGALOW). 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 THE BUNGALOW?

THE BUNGALOW is located on SEND ROAD in CAVERSHAM, in the RG4 postcode district. The below map shows the position of THE BUNGALOW on SEND ROAD.