1, MEARING GROVE, SHINFIELD, READING, RG2 9RF - £475,000

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 MEARING GROVE is a very small detached house of 89m², built in 2021. It was last sold for £475,000 in June 2023, which was around 34% below the average June 2023 detached price in the Wokingham local authority area. The most recent EPC inspection was August 2021, where the current energy rating was B, and the potential energy rating was A.

1 MEARING GROVE Sold Prices

Land registry data shows three sales for 1 MEARING GROVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the three 1 MEARING GROVE 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
2023 2 JUN	£475,000	£718,265	34% below HPI
2023 24 FEB	£475,000	£742,939	36% below HPI
2021 28 SEP	£465,000	£662,919	30% below HPI

1 MEARING GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wokingham local authority area over time, sourced from the HPI. The three 1 MEARING GROVE sales between September 2021 and June 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 February 2023 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the June 2023 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 1 MEARING GROVE?

1 MEARING GROVE is 89m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 10% of detached houses in Shinfield, based on EPC data. The below chart shows the distribution of detached houses by size in Shinfield, and where 1 MEARING GROVE lies on this distribution: 7% of detached houses are smaller than 1 MEARING GROVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Shinfield.

1 MEARING GROVE: Plot and Title Map

1 MEARING GROVE sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 1 MEARING GROVE, 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 MEARING GROVE). 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 1 MEARING GROVE?

1 MEARING GROVE is located in SHINFIELD, in the RG2 postcode district. The below map shows the position of No. 1 on MEARING GROVE.