12, FALMOUTH ROAD, READING, RG2 8QR - £477,500

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.

12 FALMOUTH ROAD is a midsized extended semi-detached house of 119m², built sometime between 1950 and 1966, which could now be worth an estimated £499,384. It was last sold for £477,500 in February 2024, which was around 16% above the average February 2024 semi-detached price in the Reading local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

12 FALMOUTH ROAD Sold Prices

Land registry data shows four sales for 12 FALMOUTH ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Reading local authority area for the corresponding sale date. Most of the four 12 FALMOUTH ROAD 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
2024 2 FEB	£477,500	£411,773	16% above HPI
2011 25 FEB	£172,500	£234,777	27% below HPI
2007 29 NOV	£215,000	£255,681	16% below HPI
1996 17 OCT	£63,000	£73,240	14% below HPI

12 FALMOUTH ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Reading local authority area over time, sourced from the HPI. The four 12 FALMOUTH ROAD sales between October 1996 and February 2024 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 February 2011 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the February 2024 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 12 FALMOUTH ROAD be worth now?

12 FALMOUTH ROAD might now be worth an estimated £499,384.

This is based on house price inflation of 4.6%, between February 2024 and February 2025, 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 4.6% inflationary increase is applied to the most recent sale price for 12 FALMOUTH ROAD of £477,500 on 2nd February 2024. For the value to have increased from £477,500 to £499,384 over the one year to February 2025, the following assumptions must hold true:

• The value of 12 FALMOUTH ROAD has moved in line with the HPI for semi-detached houses in the Reading local authority area.
• The February 2024 sale price of £477,500 represented a fair market value for the property.
• The size, condition, and specification of 12 FALMOUTH ROAD has not materially changed since February 2024.

How Large is 12 FALMOUTH ROAD?

12 FALMOUTH ROAD is 119m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the smallest 50% of semi-detached houses houses in Reading, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Reading, and where 12 FALMOUTH ROAD lies on this distribution: 49% of semi-detached houses houses are smaller than 12 FALMOUTH ROAD, and 50% of houses are larger. Note that EPC data is not available for all properties in Reading.

12 FALMOUTH ROAD: Plot and Title Map

12 FALMOUTH ROAD sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 12 FALMOUTH ROAD, 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 12 FALMOUTH ROAD). 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 12 FALMOUTH ROAD?

12 FALMOUTH ROAD is located in READING, in the RG2 postcode district. The below map shows the position of No. 12 on FALMOUTH ROAD.