10, OAKLEY ROAD, CAVERSHAM, READING, RG4 7RL - £650,000

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.

10 OAKLEY ROAD is a very small semi-detached house of 57m², built sometime between 1900 and 1929, which could now be worth an estimated £984,874. It was last sold for £650,000 in August 2014, which was around 122% above the average August 2014 semi-detached price in the Reading local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.

10 OAKLEY ROAD Sold Prices

Land registry data shows two sales for 10 OAKLEY ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Reading local authority area for the corresponding sale date. Both of the two 10 OAKLEY ROAD 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
2014 27 AUG	£650,000	£293,390	122% above HPI
2010 3 SEP	£430,000	£239,750	79% above HPI

10 OAKLEY ROAD 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 10 OAKLEY ROAD sales from September 2010 and August 2014 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 September 2010 sale was for 79% above the HPI. So the extrapolation line tracks at 79% above the HPI over time, until the August 2014 sale, where it rises to 122% above the HPI. The line then continues to track at 122% above the HPI.

What might 10 OAKLEY ROAD be worth now?

10 OAKLEY ROAD might now be worth an estimated £984,874.

This is based on house price inflation of 51.5%, between August 2014 and May 2026, for semi-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 51.5% inflationary increase is applied to the most recent sale price for 10 OAKLEY ROAD of £650,000 on 27th August 2014. For the value to have increased from £650,000 to £984,874 over the twelve years and three months to May 2026, the following assumptions must hold true:

• The value of 10 OAKLEY ROAD has moved in line with the HPI for semi-detached houses in the Reading local authority area.
• The August 2014 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of 10 OAKLEY ROAD has not materially changed since August 2014.

How Large is 10 OAKLEY ROAD?

10 OAKLEY ROAD is 57m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 10% of semi-detached houses in Caversham, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Caversham, and where 10 OAKLEY ROAD lies on this distribution: 1% of semi-detached houses are smaller than 10 OAKLEY ROAD, and 99% of semi-detached houses are larger. Note that EPC data is not available for all properties in Caversham.