8, GRAVENEY DRIVE, CAVERSHAM, READING, RG4 7EG - £1,040,000

8 GRAVENEY DRIVE is a very large extended detached house of 312m², built sometime between 1950 and 1966. It was last sold for £1,040,000 in June 2019, which was around 75% above the average June 2019 detached price in the Reading local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

8 GRAVENEY DRIVE Sold Prices

Land registry data shows two sales for 8 GRAVENEY 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 8 GRAVENEY DRIVE 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
2019 5 JUN	£1,040,000	£594,086	75% above HPI
2011 11 OCT	£1,100,000	£390,116	182% above HPI

8 GRAVENEY 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 8 GRAVENEY DRIVE sales from October 2011 and June 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 October 2011 sale was for 182% above the HPI. So the extrapolation line tracks at 182% above the HPI over time, until the June 2019 sale, where it falls to 75% above the HPI. The line then continues to track at 75% above the HPI.

How Large is 8 GRAVENEY DRIVE?

8 GRAVENEY DRIVE is 312m², which includes three extensions, according to the EPC inspection conducted in June 2017. This puts it in the largest 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 8 GRAVENEY DRIVE lies on this distribution: 98% of detached houses are smaller than 8 GRAVENEY DRIVE, and 2% of houses are larger. Note that EPC data is not available for all properties in Caversham.

8 GRAVENEY DRIVE: Plot and Title Map

8 GRAVENEY DRIVE sits on a plot of roughly 0.400 of an acre, or 1,618m². The below map shows the location of 8 GRAVENEY 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 8 GRAVENEY 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 8 GRAVENEY DRIVE?

8 GRAVENEY DRIVE is located in CAVERSHAM, in the RG4 postcode district. The below map shows the position of No. 8 on GRAVENEY DRIVE.