27, GROVELANDS ROAD, READING, RG30 2PN - £270,000

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.

27 GROVELANDS ROAD is a very small extended terraced house of 80m², built sometime between 1900 and 1929, which could now be worth an estimated £314,612. It was last sold for £270,000 in March 2018, which was around 9% below the average March 2018 terraced price in the Reading local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was C.

27 GROVELANDS ROAD Sold Prices

Land registry data shows five sales for 27 GROVELANDS ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Reading local authority area for the corresponding sale date. All of the five 27 GROVELANDS ROAD 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
2018 2 MAR	£270,000	£296,584	9% below HPI
2011 27 OCT	£172,000	£190,320	10% below HPI
2007 20 APR	£189,000	£197,953	5% below HPI
2001 21 SEP	£119,950	£122,909	2% below HPI
1995 28 APR	£49,300	£53,758	8% below HPI

27 GROVELANDS ROAD 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 five 27 GROVELANDS ROAD sales between April 1995 and March 2018 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 October 2011 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the March 2018 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 27 GROVELANDS ROAD be worth now?

27 GROVELANDS ROAD might now be worth an estimated £314,612.

This is based on house price inflation of 16.5%, between March 2018 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 16.5% inflationary increase is applied to the most recent sale price for 27 GROVELANDS ROAD of £270,000 on 2nd March 2018. For the value to have increased from £270,000 to £314,612 over the six years and eight months to July 2025, the following assumptions must hold true:

• The value of 27 GROVELANDS ROAD has moved in line with the HPI for terraced houses in the Reading local authority area.
• The March 2018 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 27 GROVELANDS ROAD has not materially changed since March 2018.

How Large is 27 GROVELANDS ROAD?

27 GROVELANDS ROAD is 80m², which includes two extensions, according to the EPC inspection conducted in June 2009. 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 27 GROVELANDS ROAD lies on this distribution: 11% of terraced houses houses are smaller than 27 GROVELANDS ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Reading.

27 GROVELANDS ROAD: Plot and Title Map

27 GROVELANDS ROAD sits on a plot of roughly 0.026 of an acre, or 105m². The below map shows the location of 27 GROVELANDS ROAD, 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 27 GROVELANDS ROAD). 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 27 GROVELANDS ROAD?

27 GROVELANDS ROAD is located in READING, in the RG30 postcode district. The below map shows the position of No. 27 on GROVELANDS ROAD.