2, OVERTON DRIVE, CAVERSHAM, READING, RG4 5DN - £490,950

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.

2 OVERTON DRIVE is a very small terraced house of 98m², built sometime between 2007 and 2011, which could now be worth an estimated £582,380. It was last sold for £490,950 in November 2020, which was around 67% above the average November 2020 terraced price in the Reading local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

2 OVERTON DRIVE Sold Prices

Land registry data shows two sales for 2 OVERTON 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 2 OVERTON DRIVE sales were for above 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 2 NOV	£490,950	£293,339	67% above HPI
2010 12 FEB	£345,000	£188,134	83% above HPI

2 OVERTON 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 2 OVERTON DRIVE sales from February 2010 and November 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 February 2010 sale was for 83% above the HPI. So the extrapolation line tracks at 83% above the HPI over time, until the November 2020 sale, where it falls to 67% above the HPI. The line then continues to track at 67% above the HPI.

What might 2 OVERTON DRIVE be worth now?

2 OVERTON DRIVE might now be worth an estimated £582,380.

This is based on house price inflation of 18.6%, between November 2020 and April 2026, 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 18.6% inflationary increase is applied to the most recent sale price for 2 OVERTON DRIVE of £490,950 on 2nd November 2020. For the value to have increased from £490,950 to £582,380 over the six years and seven months to April 2026, the following assumptions must hold true:

• The value of 2 OVERTON DRIVE has moved in line with the HPI for terraced houses in the Reading local authority area.
• The November 2020 sale price of £490,950 represented a fair market value for the property.
• The size, condition, and specification of 2 OVERTON DRIVE has not materially changed since November 2020.

How Large is 2 OVERTON DRIVE?

2 OVERTON DRIVE is 98m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 20% of terraced houses houses in Caversham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Caversham, and where 2 OVERTON DRIVE lies on this distribution: 17% of terraced houses houses are smaller than 2 OVERTON DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Caversham.

2 OVERTON DRIVE: Plot and Title Map

2 OVERTON DRIVE sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 2 OVERTON 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 2 OVERTON 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 2 OVERTON DRIVE?

2 OVERTON DRIVE is located in CAVERSHAM, in the RG4 postcode district. The below map shows the position of No. 2 on OVERTON DRIVE.