The
Eldon Square Conservation Area Appraisal published by Reading Borough Council which can be found on
RBC‡'s web site
https://www.reading.gov.uk/media/8388/Eldon-Square-Full/pdf/Eldon_Square_Full.pdf has this to say:
4.2 The effect of historical development on plan form; settlement pattern
One of the catalysts for the expansion of the Eldon Square district was the decision of the Crown Estates to sell of much of their land to the east of the town centre. Since the dissolution of the abbey, much of the land which had belonged to the abbey had been taken over by the King’s (Crown) Estate. The first stage of the development was the building of two new roads across this land in 1834, King’s Road (named after King William IV) and Queen’s Road (after Queen Adelaide). High class houses were built on some of this land, at Eldon Square and in King’s Road, built out of Bath Stone brought to Reading by the Kennet and Avon Canal. The prestigious new houses were to become popular with doctors at the Royal Berkshire Hospital, the first stage of which was completed in 1839.
These houses were originally part of the area known as Waterloo Place which would suggest that they were built in the years immediately after 1815. This tallies with the opening of the Kennet and Avon canal right through from London to Bristol in 1810 - the buildings are only some hundred yards from the bank of the canal which would make shifting the stone over such a short distance quite feasible.
I still can't see any definite railway connection, the only thing I can think of which might have a connection was the
MP▸ for Reading, Charles Russell (1786-1856) was also Chairman of the Great Western Railway between 1837 and 1855. Could he have had some interest in the building?