12, PARK GROVE, READING, RG30 2NJ - £305,000

12 PARK GROVE is a very small detached house of 69m², built sometime between 1930 and 1949. It was last sold for £305,000 in June 2022, which was around 55% below the average June 2022 detached price in the Reading local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.

12 PARK GROVE Sold Prices

Land registry data shows two sales for 12 PARK GROVE 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 12 PARK GROVE 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
2022 27 JUN	£305,000	£679,217	55% below HPI
1998 9 JAN	£102,000	£158,645	36% below HPI

12 PARK GROVE 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 12 PARK GROVE sales from January 1998 and June 2022 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 January 1998 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the June 2022 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

How Large is 12 PARK GROVE?

12 PARK GROVE is 69m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 10% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 12 PARK GROVE lies on this distribution: 5% of detached houses are smaller than 12 PARK GROVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Reading.

12 PARK GROVE: Plot and Title Map

12 PARK GROVE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 12 PARK GROVE, 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 PARK GROVE). 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 PARK GROVE?

12 PARK GROVE is located in READING, in the RG30 postcode district. The below map shows the position of No. 12 on PARK GROVE.