5, ELLIOTS WAY, CAVERSHAM, READING, RG4 8BW - £412,000

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.

5 ELLIOTS WAY is a very small extended terraced house of 73m², built sometime between 1996 and 2002, which could now be worth an estimated £468,951. It was last sold for £412,000 in September 2021, which was around 33% above the average September 2021 terraced price in the Reading local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

5 ELLIOTS WAY Sold Prices

Land registry data shows five sales for 5 ELLIOTS WAY 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 5 ELLIOTS 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
2021 7 SEP	£412,000	£310,016	33% above HPI
2012 12 DEC	£250,000	£200,030	25% above HPI
2005 31 AUG	£217,000	£175,056	24% above HPI
2003 2 MAY	£205,000	£155,511	32% above HPI
1999 1 JUL	£129,500	£83,658	55% above HPI

5 ELLIOTS WAY 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 5 ELLIOTS WAY sales between July 1999 and September 2021 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 December 2012 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the September 2021 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 5 ELLIOTS WAY be worth now?

5 ELLIOTS WAY might now be worth an estimated £468,951.

This is based on house price inflation of 13.8%, between September 2021 and May 2026, 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 13.8% inflationary increase is applied to the most recent sale price for 5 ELLIOTS WAY of £412,000 on 7th September 2021. For the value to have increased from £412,000 to £468,951 over the five years and four months to May 2026, the following assumptions must hold true:

• The value of 5 ELLIOTS WAY has moved in line with the HPI for terraced houses in the Reading local authority area.
• The September 2021 sale price of £412,000 represented a fair market value for the property.
• The size, condition, and specification of 5 ELLIOTS WAY has not materially changed since September 2021.

How Large is 5 ELLIOTS WAY?

5 ELLIOTS WAY is 73m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the smallest 10% of terraced houses houses in Caversham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Caversham, and where 5 ELLIOTS WAY lies on this distribution: 3% of terraced houses houses are smaller than 5 ELLIOTS WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Caversham.

5 ELLIOTS WAY: Plot and Title Map

5 ELLIOTS WAY sits on a plot of roughly 0.041 of an acre, or 164m². The below map shows the location of 5 ELLIOTS 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 5 ELLIOTS 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 5 ELLIOTS WAY?

5 ELLIOTS WAY is located in CAVERSHAM, in the RG4 postcode district. The below map shows the position of No. 5 on ELLIOTS WAY.