Sold Price History


Groves Lea, Reading house prices

Groves Lea, Reading house prices are built from 139 sales lodged with HM Land Registry, the oldest in 1997 and the most recent on 11 Feb 2026. The median price paid across the whole record is £155,000. Across the 15 years from 2006 to 2021 the median moved -32.2% in cash — but once inflation is taken out, the change in 2026 money is -51.9%.

Median price paid

£155,000

Change in cash, 2006–2021

-32.2%

Change in real terms

-51.9%

HM Land Registry139 salesLatest sale 11 Feb 2026

Section 01

How Groves Lea, Reading prices moved

The chart tracks the median Groves Lea, Reading house price for every year with a recorded sale, from 1997 to 2021. The dashed line restates each year in 2026 money, so the two lines separate exactly as much as inflation has eroded the cash figure.

Groves Lea, Reading house prices by year, median price paid 1997 to 2021
Solid line: the median price actually paid. Dashed line: the same medians restated in 2026 money using ONS CPIH.
DecadeYears with salesMedian paidIn today's money
1990s3£89,498£198,727
2000s6£151,475£275,943
2010s1£127,500£179,775
2020s1£198,000£202,304
Median of the yearly medians in each decade.

The highest yearly median on record for Groves Lea, Reading is £292,000 in 2006; the lowest is £78,950 in 1999. Across the full 25-year record the cash median has moved from £89,498 to £198,000.

In 2026 money that first median is worth £189,762, so the real change over the whole record is +31.8% — about +1.16% a year after inflation. Cash growth and real growth are not the same story, and the gap is the part most price reports leave out.

Over the last decade alone the difference is stark: -32.2% in cash against -51.9% once inflation is removed. A buyer who sold at the end of that decade would have needed the real figure, not the headline one, to know whether they had actually gained.

Section 02

The most recent sales

Every row is a completed sale as lodged with HM Land Registry. The right-hand column restates the price in 2026 money, which is the only fair way to compare a sale from the 1990s with one from last year.

AddressSoldTypePrice paidIn today's money
4811 Feb 2026Flat or maisonette£220,000£220,000
5828 Jan 2026Flat or maisonette£182,500£182,500
337 Nov 2025Detached£670,000£684,565
341 Sep 2025Semi-detached£208,550£213,084
1813 Jan 2025Detached£475,000£485,326
5511 Oct 2024Detached£547,000£575,575
1118 Jun 2024Detached£730,000£768,134
5410 Nov 2023Flat or maisonette£179,000£193,402
5816 Nov 2022Flat or maisonette£183,000£212,021
6830 Sep 2022Flat or maisonette£210,000£243,303
2230 Sep 2021Flat or maisonette£210,000£265,323
2630 Sep 2021Flat or maisonette£183,000£231,210
6230 Sep 2021Flat or maisonette£166,000£209,731
6026 Feb 2021Flat or maisonette£198,000£250,161
4310 Feb 2021Detached£517,000£653,199
627 Aug 2020Detached£475,000£615,014
363 Jun 2020Flat or maisonette£208,000£269,311
329 Jan 2020Semi-detached£312,000£403,967
4415 Nov 2019Flat or maisonette£185,000£241,976
3716 Oct 2019Detached£485,000£634,369
342 Aug 2019Semi-detached£250,000£326,994
1621 Jun 2019Detached£500,000£653,989
5425 Jun 2018Flat or maisonette£145,000£193,242
5625 Apr 2018Flat or maisonette£188,500£251,215
5812 Dec 2017Flat or maisonette£155,000£210,956
The 25 most recent sales on the record.

Section 03

Homes that sold twice

These addresses appear in the register more than once, so the same bricks are being priced twice. That makes them the strongest evidence of what actually happened to Groves Lea, Reading values — no mix of property types can flatter the number.

AddressFirst recorded saleMost recent saleCash a yearReal a year
48 Groves Lea£59,000 (1997)£220,000 (2026)+4.6%+2.0%
58 Groves Lea£155,000 (2017)£182,500 (2026)+1.8%-1.6%
33 Groves Lea£355,000 (2006)£670,000 (2025)+3.4%+0.4%
34 Groves Lea£130,000 (2002)£208,550 (2025)+2.1%-0.7%
18 Groves Lea£137,000 (1998)£475,000 (2025)+4.7%+2.0%
55 Groves Lea£236,000 (2001)£547,000 (2024)+3.7%+1.0%
54 Groves Lea£117,000 (2013)£179,000 (2023)+4.3%+1.3%
68 Groves Lea£67,500 (1998)£210,000 (2022)+4.8%+2.3%
26 Groves Lea£70,000 (2000)£183,000 (2021)+4.7%+2.4%
62 Groves Lea£53,500 (1997)£166,000 (2021)+4.8%+2.6%
22 Groves Lea£132,000 (2003)£210,000 (2021)+2.6%+0.3%
60 Groves Lea£75,000 (1999)£198,000 (2021)+4.5%+2.3%
Annualised change between the first and last recorded sale of the same address.

Section 04

What sells here

The mix of property types explains a large part of any area's median. Groves Lea, Reading is dominated by the type at the top of this table, so its overall median leans that way.

Property typeSalesShareMedian paidRange
Flat or maisonette7755.4%£132,500£49,950 – £220,000
Detached5438.8%£247,000£109,000 – £730,000
Semi-detached85.8%£191,000£130,000 – £312,000
Property types as recorded by HM Land Registry.

Section 06

Ownership and new build in Groves Lea, Reading

77 of the sales on record are leasehold and 62 freehold — 55.4% of the market. Tenure is not a detail: a leasehold flat and a freehold house are different assets, and mixing them into one median hides the difference.

The median leasehold sale is £132,500 and the median freehold sale £238,000 — a gap of +79.6%. Most of that gap is property type rather than tenure itself: leasehold here is largely flats, freehold largely houses.

CategorySalesShareMedian paid
Leasehold7755.4%£132,500
Freehold6244.6%£238,000
Shares are of the sales used on this page.

A further 1 transfers for this area are on the register but are left out of every figure above. HM Land Registry marks them as additional price paid entries: repossessions, buy-to-let portfolio moves, transfers between companies or family, and sales at a discount such as right to buy. They are real records but they are not open-market prices, and including them would drag the median somewhere no buyer ever paid.

Section 07

Living in Groves Lea, Reading

Every certificate carries an energy efficiency band as well as a floor area. Across Basingstoke and Deane, 57.0% of 86,071 certificates sit in bands A to C, and 2.9% in F or G — the bands that cost the most to heat and are hardest to mortgage.

Energy bandCertificatesShare
A4230.5%
B14,70017.1%
C33,96039.5%
D26,66431.0%
E7,8519.1%
F1,9492.3%
G5240.6%
Domestic Energy Performance Certificates registered in Basingstoke and Deane.

The Office for National Statistics puts the mean private rent in Basingstoke and Deane at £1,310 a month as of Jun 2026 — £931 for a one-bedroom home and £1,467 for three bedrooms.

Against the median sale of £155,000 here, that rent is a gross yield of 10.14% a year. It is a measured figure rather than an assumption: a real local rent over a real local price, before any cost of ownership.

Police forces publish every recorded street-level crime. Within a mile of the centre of RG7, 34 crimes were recorded in Jun 2026: 11 violent, 0 burglary, 0 vehicle-related and 6 anti-social behaviour. The median postcode district in this archive recorded 167 in the same month, so this one is 4.9 times quieter.

Against the 185,154 residents the 2021 census counted in Basingstoke and Deane, that is 0.18 recorded crimes per thousand people in the month. The count covers a mile around the district centre while the population covers the whole council, so read the rate as an order of magnitude rather than a precise figure.

A count is not a rate. A district with shops and a station records more crime than a residential one of the same size, because more people pass through it. Read this next to the median, not on its own.

Section 08

The neighbourhood around Groves Lea, Reading

The 2021 census counted 185,154 residents in Basingstoke and Deane across 76,645 households. 66.7% of those households own their home and 33.3% rent — a split the sold record cannot show, because only owners appear in it.

19 state and independent schools have a RG7 postcode: 16 primary, 3 secondary. Catchment areas do not follow postcodes, so treat this as what is nearby rather than what a child would be offered.

SchoolPhaseTypePupils
The Willink SchoolSecondaryCommunity school1,205
Theale Green SchoolSecondaryAcademy sponsor led803
Theale C.E. Primary SchoolPrimaryVoluntary controlled school301
Oakbank SchoolSecondaryFree schools300
Mortimer St Mary's C.E. Junior SchoolPrimaryVoluntary aided school235
Lambs Lane Primary SchoolPrimaryAcademy converter211
Grazeley Church of England Primary SchoolPrimaryAcademy converter204
Garland Junior SchoolPrimaryCommunity school185
Mrs Bland's Infant SchoolPrimaryCommunity school181
Mortimer St. John's C.E. Infant SchoolPrimaryVoluntary controlled school164
Open establishments recorded by the Department for Education, largest first.
StationModeDistance from the district centre
Theale Rail StationRail4.0 km
Mortimer Rail StationRail4.1 km
Aldermaston Rail StationRail4.2 km
Reading Green ParkRail6.2 km
Straight-line distance from the centre of the postcode district, not walking distance.

Section 09

How Groves Lea, Reading compares

The median across the whole archive is £157,500. Groves Lea, Reading sits below that national figure — -1.6%.

Within Reading the street ranks 3042 of 3510 by median price, and its median is below the town figure of £220,000 (-29.5%).

No EPC floor areas could be matched to these sales, so no price per square metre is published here. An estimate would be a guess, and the archive does not publish guesses.

The full range on record runs from £49,950 to £730,000. Extremes usually mean something unusual — a plot sold without a house on it, a transfer between family members, or a very large property — so the median is the number to trust.

Groves Lea, Reading sits in Basingstoke and Deane, in the South East.

The Office for National Statistics puts the median home in Basingstoke and Deane at 8.8 times median local earnings of £41,470 a year, measured to Sep 2025. Across England and Wales the same ratio is 7.6. That number, not the price alone, is what decides whether a place is within reach of the people who work in it.

Section 10

Nearby on the record

Streets nearby

Addresses with more than one recorded sale

Back to Reading house prices.

Quick answers

Common questions about this data

What is the average house price in Groves Lea, Reading?

The median price paid in Groves Lea, Reading across every sale on the register is £155,000. The median is used rather than the mean because a handful of very large sales would otherwise drag the average away from what a typical buyer paid.

How many homes have sold in Groves Lea, Reading?

139 sales are on record for Groves Lea, Reading, the most recent completing on 11 Feb 2026. Every one is a completed transfer lodged with HM Land Registry, not an asking price or an estimate.

Have Groves Lea, Reading house prices actually risen?

In cash, the median rose -32.2% between 2006 and 2021. In 2026 money — that is, after inflation — the change is -51.9%. Both numbers are true; only the second one tells you whether buying here preserved value.

When were Groves Lea, Reading house prices at their highest?

The highest yearly median on record is £292,000, set in 2006. That is the cash figure; measured in 2026 money the peak may fall in a different year, because inflation reshapes the series.

What is the price per square metre in Groves Lea, Reading?

No EPC floor areas could be matched to these sales, so no price per square metre is published for this area. Nothing is estimated to fill the gap.

How current is this data?

The latest sale shown here completed on 11 Feb 2026. HM Land Registry publishes Price Paid Data monthly and a sale can take a month or two to appear after completion, so the most recent weeks are always incomplete.

Cite this page: Sold Price History, “Groves Lea, Reading house prices”, 2026. Source: HM Land Registry Price Paid Data © Crown copyright and database right, used under the Open Government Licence v3.0. Inflation adjustment: ONS CPIH.