34, MONTPELIER DRIVE, CAVERSHAM, READING, RG4 6PS - £450,000

34 MONTPELIER DRIVE is a small extended detached house of 120m², built sometime between 1967 and 1975. It was last sold for £450,000 in December 2018, which was around 26% below the average December 2018 detached price in the Reading local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was C.

34 MONTPELIER DRIVE Sold Prices

Land registry data shows two sales for 34 MONTPELIER DRIVE 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 34 MONTPELIER DRIVE 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 14 DEC	£450,000	£608,310	26% below HPI
2018 16 JUL	£305,000	£610,998	50% below HPI

34 MONTPELIER DRIVE 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 34 MONTPELIER DRIVE sales from July 2018 and December 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 July 2018 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the December 2018 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 34 MONTPELIER DRIVE?

34 MONTPELIER DRIVE is 120m², which includes four extensions, according to the EPC inspection conducted in November 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 34 MONTPELIER DRIVE lies on this distribution: 39% of detached houses are smaller than 34 MONTPELIER DRIVE, and 60% of houses are larger. Note that EPC data is not available for all properties in Caversham.

34 MONTPELIER DRIVE: Plot and Title Map

34 MONTPELIER DRIVE sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 34 MONTPELIER DRIVE, 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 34 MONTPELIER DRIVE). 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 34 MONTPELIER DRIVE?

34 MONTPELIER DRIVE is located in CAVERSHAM, in the RG4 postcode district. The below map shows the position of No. 34 on MONTPELIER DRIVE.