8, ELDON PLACE, READING, RG1 4ED - £286,800

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.

8 ELDON PLACE is a very small extended terraced house of 59m², built sometime between 1900 and 1929, which could now be worth an estimated £328,192. It was last sold for £286,800 in April 2021, which was around 6% below the average April 2021 terraced price in the Reading local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

8 ELDON PLACE Sold Prices

Land registry data shows four sales for 8 ELDON PLACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Reading local authority area for the corresponding sale date. Most of the four 8 ELDON PLACE 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 30 APR	£286,800	£304,082	6% below HPI
2013 24 OCT	£217,000	£210,555	3% above HPI
2008 5 MAR	£215,000	£202,631	6% above HPI
2003 1 AUG	£152,000	£149,103	2% above HPI

8 ELDON PLACE 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 four 8 ELDON PLACE sales between August 2003 and April 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 October 2013 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the April 2021 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 8 ELDON PLACE be worth now?

8 ELDON PLACE might now be worth an estimated £328,192.

This is based on house price inflation of 14.4%, between April 2021 and April 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 14.4% inflationary increase is applied to the most recent sale price for 8 ELDON PLACE of £286,800 on 30th April 2021. For the value to have increased from £286,800 to £328,192 over the five years to April 2026, the following assumptions must hold true:

• The value of 8 ELDON PLACE has moved in line with the HPI for terraced houses in the Reading local authority area.
• The April 2021 sale price of £286,800 represented a fair market value for the property.
• The size, condition, and specification of 8 ELDON PLACE has not materially changed since April 2021.

How Large is 8 ELDON PLACE?

8 ELDON PLACE is 59m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the smallest 10% of terraced houses houses in Reading, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Reading, and where 8 ELDON PLACE lies on this distribution: 2% of terraced houses houses are smaller than 8 ELDON PLACE, and 98% of houses are larger. Note that EPC data is not available for all properties in Reading.

8 ELDON PLACE: Plot and Title Map

8 ELDON PLACE sits on a plot of roughly 0.018 of an acre, or 72m². The below map shows the location of 8 ELDON PLACE, 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 8 ELDON PLACE). 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 8 ELDON PLACE?

8 ELDON PLACE is located in READING, in the RG1 postcode district. The below map shows the position of No. 8 on ELDON PLACE.