3, LYMINGTON GATE, CAVERSHAM, READING, RG4 7JT - £415,000

3 LYMINGTON GATE is a very small extended detached house of 84m², built sometime between 1983 and 1990. It was last sold for £415,000 in March 2019, which was around 30% below the average March 2019 detached price in the Reading local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

3 LYMINGTON GATE Sold Prices

Land registry data shows four sales for 3 LYMINGTON GATE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Reading local authority area for the corresponding sale date. All of the four 3 LYMINGTON GATE 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 22 MAR	£415,000	£591,605	30% below HPI
2004 30 JAN	£265,000	£324,056	18% below HPI
1999 23 JUL	£142,000	£188,513	25% below HPI
1995 28 MAR	£100,000	£118,838	16% below HPI

3 LYMINGTON GATE 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 four 3 LYMINGTON GATE sales between March 1995 and March 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 January 2004 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2019 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 3 LYMINGTON GATE?

3 LYMINGTON GATE is 84m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the smallest 10% of detached houses in Caversham, based on EPC data. The below chart shows the distribution of detached houses by size in Caversham, and where 3 LYMINGTON GATE lies on this distribution: 7% of detached houses are smaller than 3 LYMINGTON GATE, and 92% of houses are larger. Note that EPC data is not available for all properties in Caversham.

3 LYMINGTON GATE: Plot and Title Map

3 LYMINGTON GATE sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of 3 LYMINGTON GATE, 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 LYMINGTON GATE). 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 LYMINGTON GATE?

3 LYMINGTON GATE is located in CAVERSHAM, in the RG4 postcode district. The below map shows the position of No. 3 on LYMINGTON GATE.