37, MORLAIS, EMMER GREEN, READING, RG4 8PQ - £496,000

37 MORLAIS is a very small extended detached house of 79m², built sometime between 1991 and 1995. It was last sold for £496,000 in July 2022, which was around 28% below the average July 2022 detached price in the Reading local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

37 MORLAIS Sold Prices

Land registry data shows six sales for 37 MORLAIS since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Reading local authority area for the corresponding sale date. All of the six 37 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
2022 1 JUL	£496,000	£687,833	28% below HPI
2010 8 SEP	£250,000	£394,867	37% below HPI
2008 6 OCT	£210,000	£371,007	43% below HPI
2002 11 OCT	£220,000	£326,746	33% below HPI
2001 22 MAR	£180,000	£254,187	29% below HPI
1995 16 JUN	£92,000	£117,520	22% below HPI

37 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 six 37 MORLAIS sales between June 1995 and July 2022 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 2010 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the July 2022 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 37 MORLAIS?

37 MORLAIS is 79m², which includes two extensions, according to the EPC inspection conducted in October 2016. 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 37 MORLAIS lies on this distribution: 6% of detached houses are smaller than 37 MORLAIS, and 94% of houses are larger. Note that EPC data is not available for all properties in Caversham.

37 MORLAIS: Plot and Title Map

37 MORLAIS sits on a plot of roughly 0.063 of an acre, or 257m². The below map shows the location of 37 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 37 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 37 MORLAIS?

37 MORLAIS is located in EMMER GREEN, in the RG4 postcode district. The below map shows the position of No. 37 on MORLAIS.