16, PADDICK DRIVE, LOWER EARLEY, READING, RG6 4HH - £527,000

16 PADDICK DRIVE is a very small detached house of 84m², built sometime between 1996 and 2002. It was last sold for £527,000 in April 2023, which was around 33% below the average April 2023 detached price in the Wokingham local authority area. The most recent EPC inspection was July 2009, where the current energy rating was C, and the potential energy rating was C.

16 PADDICK DRIVE Sold Prices

Land registry data shows five sales for 16 PADDICK DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the five 16 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
2023 28 APR	£527,000	£787,106	33% below HPI
2014 7 NOV	£370,000	£510,369	28% below HPI
2009 27 NOV	£277,500	£394,145	30% below HPI
2002 20 DEC	£225,000	£328,329	31% below HPI
1999 21 DEC	£154,995	£225,923	31% below HPI

16 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 five 16 PADDICK DRIVE sales between December 1999 and April 2023 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 November 2014 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the April 2023 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 16 PADDICK DRIVE?

16 PADDICK DRIVE is 84m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 20% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 16 PADDICK DRIVE lies on this distribution: 16% of detached houses are smaller than 16 PADDICK DRIVE, and 84% of houses are larger. Note that EPC data is not available for all properties in Reading.

16 PADDICK DRIVE: Plot and Title Map

16 PADDICK DRIVE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 16 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 16 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 16 PADDICK DRIVE?

16 PADDICK DRIVE is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 16 on PADDICK DRIVE.