15, SHEPLEY DRIVE, READING, RG30 3HG - £275,000

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.

15 SHEPLEY DRIVE is a very small terraced house of 81m², built sometime between 1967 and 1975, which could now be worth an estimated £323,639. It was last sold for £275,000 in October 2020, which was around 6% below the average October 2020 terraced price in the Reading local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

15 SHEPLEY DRIVE Sold Prices

Land registry data shows two sales for 15 SHEPLEY DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Reading local authority area for the corresponding sale date. Both of the two 15 SHEPLEY 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
2020 15 OCT	£275,000	£293,650	6% below HPI
2009 4 SEP	£145,000	£180,076	19% below HPI

15 SHEPLEY DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Reading local authority area over time, sourced from the HPI. The two 15 SHEPLEY DRIVE sales from September 2009 and October 2020 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 2009 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2020 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 15 SHEPLEY DRIVE be worth now?

15 SHEPLEY DRIVE might now be worth an estimated £323,639.

This is based on house price inflation of 17.7%, between October 2020 and July 2025, for terraced 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 17.7% inflationary increase is applied to the most recent sale price for 15 SHEPLEY DRIVE of £275,000 on 15th October 2020. For the value to have increased from £275,000 to £323,639 over the five years and three months to July 2025, the following assumptions must hold true:

• The value of 15 SHEPLEY DRIVE has moved in line with the HPI for terraced houses in the Reading local authority area.
• The October 2020 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 15 SHEPLEY DRIVE has not materially changed since October 2020.

How Large is 15 SHEPLEY DRIVE?

15 SHEPLEY DRIVE is 81m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 20% of terraced houses houses in Reading, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Reading, and where 15 SHEPLEY DRIVE lies on this distribution: 11% of terraced houses houses are smaller than 15 SHEPLEY DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Reading.

15 SHEPLEY DRIVE: Plot and Title Map

15 SHEPLEY DRIVE sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 15 SHEPLEY 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 15 SHEPLEY 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 15 SHEPLEY DRIVE?

15 SHEPLEY DRIVE is located in READING, in the RG30 postcode district. The below map shows the position of No. 15 on SHEPLEY DRIVE.