3, COWPER WAY, READING, RG30 3EA - £380,000

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.

3 COWPER WAY is a large extended semi-detached house of 153m², built sometime between 1967 and 1975, which could now be worth an estimated £538,991. It was last sold for £380,000 in February 2015, which was around 25% above the average February 2015 semi-detached price in the Reading local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

3 COWPER WAY Sold Prices

Land registry data shows two sales for 3 COWPER WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Reading local authority area for the corresponding sale date. Both of the two 3 COWPER WAY 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
2015 6 FEB	£380,000	£303,614	25% above HPI
2003 20 MAY	£250,000	£198,336	26% above HPI

3 COWPER WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Reading local authority area over time, sourced from the HPI. The two 3 COWPER WAY sales from May 2003 and February 2015 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 May 2003 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the February 2015 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 3 COWPER WAY be worth now?

3 COWPER WAY might now be worth an estimated £538,991.

This is based on house price inflation of 41.8%, between February 2015 and February 2025, for semi-detached 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 41.8% inflationary increase is applied to the most recent sale price for 3 COWPER WAY of £380,000 on 6th February 2015. For the value to have increased from £380,000 to £538,991 over the ten years to February 2025, the following assumptions must hold true:

• The value of 3 COWPER WAY has moved in line with the HPI for semi-detached houses in the Reading local authority area.
• The February 2015 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 3 COWPER WAY has not materially changed since February 2015.

How Large is 3 COWPER WAY?

3 COWPER WAY is 153m², which includes two extensions, according to the EPC inspection conducted in July 2014. This puts it in the largest 30% of semi-detached houses houses in Reading, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Reading, and where 3 COWPER WAY lies on this distribution: 76% of semi-detached houses houses are smaller than 3 COWPER WAY, and 24% of houses are larger. Note that EPC data is not available for all properties in Reading.

3 COWPER WAY: Plot and Title Map

3 COWPER WAY sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 3 COWPER WAY, 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 3 COWPER WAY). 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 3 COWPER WAY?

3 COWPER WAY is located in READING, in the RG30 postcode district. The below map shows the position of No. 3 on COWPER WAY.