8, THE WILLOWS, CAVERSHAM, READING, RG4 8BD - £350,000

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 THE WILLOWS is a very small terraced house of 57m², built sometime between 1983 and 1990, which could now be worth an estimated £401,874. It was last sold for £350,000 in June 2021, which was around 15% above the average June 2021 terraced price in the Reading local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

8 THE WILLOWS Sold Prices

Land registry data shows three sales for 8 THE WILLOWS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Reading local authority area for the corresponding sale date. All of the three 8 THE WILLOWS 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 28 JUN	£350,000	£303,052	15% above HPI
2012 23 MAR	£245,500	£194,136	26% above HPI
2007 7 JUN	£225,000	£200,885	12% above HPI

8 THE WILLOWS 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 three 8 THE WILLOWS sales between June 2007 and June 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 March 2012 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the June 2021 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 8 THE WILLOWS be worth now?

8 THE WILLOWS might now be worth an estimated £401,874.

This is based on house price inflation of 14.8%, between June 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 14.8% inflationary increase is applied to the most recent sale price for 8 THE WILLOWS of £350,000 on 28th June 2021. For the value to have increased from £350,000 to £401,874 over the five years and two months to April 2026, the following assumptions must hold true:

• The value of 8 THE WILLOWS has moved in line with the HPI for terraced houses in the Reading local authority area.
• The June 2021 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THE WILLOWS has not materially changed since June 2021.

How Large is 8 THE WILLOWS?

8 THE WILLOWS is 57m² according to the EPC inspection conducted in January 2022. 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 THE WILLOWS lies on this distribution: 1% of terraced houses houses are smaller than 8 THE WILLOWS, and 99% of houses are larger. Note that EPC data is not available for all properties in Caversham.

8 THE WILLOWS: Plot and Title Map

8 THE WILLOWS sits on a plot of roughly 0.036 of an acre, or 144m². The below map shows the location of 8 THE WILLOWS, 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 THE WILLOWS). 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 THE WILLOWS?

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