8, MILL GREEN, CAVERSHAM, READING, RG4 8EX - £375,000

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.

8 MILL GREEN is a very small extended terraced house of 65m², built sometime between 1930 and 1949, which could now be worth an estimated £439,005. It was last sold for £375,000 in June 2017, which was around 24% above the average June 2017 terraced price in the Reading local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

8 MILL GREEN Sold Prices

Land registry data shows two sales for 8 MILL GREEN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Reading local authority area for the corresponding sale date. Both of the two 8 MILL GREEN 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
2017 30 JUN	£375,000	£301,423	24% above HPI
2001 12 JUN	£149,950	£117,147	28% above HPI

8 MILL GREEN 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 two 8 MILL GREEN sales from June 2001 and June 2017 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 June 2001 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the June 2017 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 8 MILL GREEN be worth now?

8 MILL GREEN might now be worth an estimated £439,005.

This is based on house price inflation of 17.1%, between June 2017 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 17.1% inflationary increase is applied to the most recent sale price for 8 MILL GREEN of £375,000 on 30th June 2017. For the value to have increased from £375,000 to £439,005 over the nine years and one month to May 2026, the following assumptions must hold true:

• The value of 8 MILL GREEN has moved in line with the HPI for terraced houses in the Reading local authority area.
• The June 2017 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MILL GREEN has not materially changed since June 2017.

How Large is 8 MILL GREEN?

8 MILL GREEN is 65m², which includes one extension, according to the EPC inspection conducted in September 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 8 MILL GREEN lies on this distribution: 1% of terraced houses houses are smaller than 8 MILL GREEN, and 99% of houses are larger. Note that EPC data is not available for all properties in Caversham.

8 MILL GREEN: Plot and Title Map

8 MILL GREEN sits on a plot of roughly 0.034 of an acre, or 138m². The below map shows the location of 8 MILL GREEN, 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 MILL GREEN). 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 MILL GREEN?

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