14, PADDICK DRIVE, LOWER EARLEY, READING, RG6 4HH - £421,000

14 PADDICK DRIVE is a small detached house of 93m², built sometime between 1996 and 2002. It was last sold for £421,000 in March 2017, which was around 32% below the average March 2017 detached price in the Wokingham local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

14 PADDICK DRIVE Sold Prices

Land registry data shows six sales for 14 PADDICK DRIVE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the six 14 PADDICK DRIVE 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
2017 16 MAR	£421,000	£618,701	32% below HPI
2008 23 MAY	£300,000	£412,161	27% below HPI
2006 17 MAR	£250,000	£361,688	31% below HPI
2004 19 MAR	£240,000	£333,608	28% below HPI
2001 19 OCT	£199,950	£289,375	31% below HPI
2000 21 JAN	£164,995	£236,538	30% below HPI

14 PADDICK DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wokingham local authority area over time, sourced from the HPI. The six 14 PADDICK DRIVE sales between January 2000 and March 2017 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 May 2008 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2017 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 14 PADDICK DRIVE?

14 PADDICK DRIVE is 93m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 30% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 14 PADDICK DRIVE lies on this distribution: 22% of detached houses are smaller than 14 PADDICK DRIVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Reading.

14 PADDICK DRIVE: Plot and Title Map

14 PADDICK DRIVE sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 14 PADDICK DRIVE, 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 14 PADDICK DRIVE). 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 14 PADDICK DRIVE?

14 PADDICK DRIVE is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 14 on PADDICK DRIVE.