Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 MALYNS WAY is a very large extended detached house of 198m², built sometime between 2003 and 2006. It was last sold for £725,000 in March 2023, which was around 6% above the average March 2023 detached price in the West Berkshire local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 1 MALYNS WAY since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. Both of the two 1 MALYNS WAY 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 |
---|---|---|---|
2023 7 MAR | £725,000 | £682,783 | 6% above HPI |
2005 2 JUN | £440,000 | £340,835 | 29% above HPI |
The below graph shows the average detached house price in the West Berkshire local authority area over time, sourced from the HPI. The two 1 MALYNS WAY sales from June 2005 and March 2023 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 2005 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the March 2023 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.
1 MALYNS WAY is 198m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the largest 10% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 1 MALYNS WAY lies on this distribution: 92% of detached houses are smaller than 1 MALYNS WAY, and 8% of houses are larger. Note that EPC data is not available for all properties in Reading.
1 MALYNS WAY sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of 1 MALYNS WAY, 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 1 MALYNS WAY). 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.
1 MALYNS WAY is located in TILEHURST, in the RG31 postcode district. The below map shows the position of No. 1 on MALYNS WAY.