THE BUNGALOW, SEND ROAD, CAVERSHAM, READING, RG4 8EH - £405,000

THE BUNGALOW is a very small detached house of 84m², built sometime between 1950 and 1966. It was last sold for £405,000 in November 2019, which was around 31% below the average November 2019 detached price in the Reading local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

THE BUNGALOW Sold Prices

Land registry data shows two sales for THE BUNGALOW 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 THE BUNGALOW sales were for below 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 26 NOV	£405,000	£586,527	31% below HPI
2017 16 JUN	£250,000	£610,551	59% below HPI

THE BUNGALOW 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 THE BUNGALOW sales from June 2017 and November 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 June 2017 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the November 2019 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is THE BUNGALOW?

THE BUNGALOW is 84m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 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 THE BUNGALOW lies on this distribution: 7% of detached houses are smaller than THE BUNGALOW, and 92% of houses are larger. Note that EPC data is not available for all properties in Caversham.

THE BUNGALOW: Plot and Title Map

THE BUNGALOW sits on a plot of roughly 0.163 of an acre, or 660m². The below map shows the location of THE BUNGALOW, 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 THE BUNGALOW). 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 THE BUNGALOW?

THE BUNGALOW is located on SEND ROAD in CAVERSHAM, in the RG4 postcode district. The below map shows the position of THE BUNGALOW on SEND ROAD.