23, SHEPHERDS LANE, CAVERSHAM, READING, RG4 7JJ - £500,000

23 SHEPHERDS LANE is a small detached house of 115m², built sometime between 1930 and 1949. It was last sold for £500,000 in February 2019, which was around 17% below the average February 2019 detached price in the Reading local authority area. The most recent EPC inspection was August 2018, where the current energy rating was E, and the potential energy rating was C.

23 SHEPHERDS LANE Sold Prices

Land registry data shows two sales for 23 SHEPHERDS LANE 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 23 SHEPHERDS LANE 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
2019 1 FEB	£500,000	£601,082	17% below HPI
1996 13 AUG	£119,950	£121,885	2% below HPI

23 SHEPHERDS LANE 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 23 SHEPHERDS LANE sales from August 1996 and February 2019 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 August 1996 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the February 2019 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 23 SHEPHERDS LANE?

23 SHEPHERDS LANE is 115m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 40% of detached houses in Caversham, based on EPC data. The below chart shows the distribution of detached houses by size in Caversham, and where 23 SHEPHERDS LANE lies on this distribution: 34% of detached houses are smaller than 23 SHEPHERDS LANE, and 65% of houses are larger. Note that EPC data is not available for all properties in Caversham.

23 SHEPHERDS LANE: Plot and Title Map

23 SHEPHERDS LANE sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of 23 SHEPHERDS LANE, 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 23 SHEPHERDS LANE). 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 23 SHEPHERDS LANE?

23 SHEPHERDS LANE is located in CAVERSHAM, in the RG4 postcode district. The below map shows the position of No. 23 on SHEPHERDS LANE.