1, THE AVENUE, MORTIMER COMMON, READING, RG7 3RA - £670,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 THE AVENUE is a midsized detached house of 151m². It was last sold for £670,000 in February 2019, which was around 17% above the average February 2019 detached price in the West Berkshire local authority area. The most recent EPC inspection was January 2014, where the current energy rating was B, and the potential energy rating was B.

1 THE AVENUE Sold Prices

Land registry data shows three sales for 1 THE AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. Two of the three 1 THE AVENUE sales were for above the average price, whilst one was 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 28 FEB	£670,000	£571,591	17% above HPI
2014 19 FEB	£545,000	£434,973	25% above HPI
2011 1 SEP	£402,000	£408,882	2% below HPI

1 THE AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Berkshire local authority area over time, sourced from the HPI. The three 1 THE AVENUE sales between September 2011 and February 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 February 2014 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the February 2019 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 1 THE AVENUE?

1 THE AVENUE is 151m² according to the EPC inspection conducted in January 2014. This puts it in the largest 50% of detached houses in Mortimer, based on EPC data. The below chart shows the distribution of detached houses by size in Mortimer, and where 1 THE AVENUE lies on this distribution: 53% of detached houses are smaller than 1 THE AVENUE, and 47% of houses are larger. Note that EPC data is not available for all properties in Mortimer.

1 THE AVENUE: Plot and Title Map

1 THE AVENUE sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of 1 THE AVENUE, 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 THE AVENUE). 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 THE AVENUE?

1 THE AVENUE is located in MORTIMER COMMON, in the RG7 postcode district. The below map shows the position of No. 1 on THE AVENUE.