24, MORLAIS, EMMER GREEN, READING, RG4 8PQ - £500,000

24 MORLAIS is a midsized extended detached house of 133m², built sometime between 1991 and 1995. It was last sold for £500,000 in August 2020, which was around 15% below the average August 2020 detached price in the Reading local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was C.

24 MORLAIS Sold Prices

Land registry data shows five sales for 24 MORLAIS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Reading local authority area for the corresponding sale date. Most of the five 24 MORLAIS 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 6 AUG	£500,000	£590,880	15% below HPI
2008 12 SEP	£332,500	£384,494	14% below HPI
2002 1 MAR	£258,000	£293,793	12% below HPI
2001 18 MAY	£249,500	£258,375	3% below HPI
1995 25 AUG	£149,500	£119,614	25% above HPI

24 MORLAIS 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 five 24 MORLAIS sales between August 1995 and August 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 2008 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2020 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 24 MORLAIS?

24 MORLAIS is 133m², which includes four extensions, according to the EPC inspection conducted in March 2020. This puts it in the smallest 50% of detached houses in Caversham, based on EPC data. The below chart shows the distribution of detached houses by size in Caversham, and where 24 MORLAIS lies on this distribution: 49% of detached houses are smaller than 24 MORLAIS, and 50% of houses are larger. Note that EPC data is not available for all properties in Caversham.

24 MORLAIS: Plot and Title Map

24 MORLAIS sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 24 MORLAIS, 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 24 MORLAIS). 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 24 MORLAIS?

24 MORLAIS is located in EMMER GREEN, in the RG4 postcode district. The below map shows the position of No. 24 on MORLAIS.