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
107 PITTS LANE is a large extended detached house of 141m², built sometime between 1950 and 1966. It was last sold for £585,000 in July 2014, which was around 19% above the average July 2014 detached price in the Wokingham local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 107 PITTS LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. One of the two 107 PITTS LANE sales was for above the average price, whilst the other 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 |
---|---|---|---|
2014 18 JUL | £585,000 | £491,485 | 19% above HPI |
2005 8 APR | £300,000 | £347,040 | 14% below HPI |
The below graph shows the average detached house price in the Wokingham local authority area over time, sourced from the HPI. The two 107 PITTS LANE sales from April 2005 and July 2014 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 April 2005 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2014 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.
107 PITTS LANE is 141m², which includes two extensions, according to the EPC inspection conducted in February 2014. This puts it in the largest 40% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 107 PITTS LANE lies on this distribution: 68% of detached houses are smaller than 107 PITTS LANE, and 31% of houses are larger. Note that EPC data is not available for all properties in Reading.
107 PITTS LANE sits on a plot of roughly 0.163 of an acre, or 661m². The below map shows the location of 107 PITTS LANE, 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 107 PITTS LANE). 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.
107 PITTS LANE is located in EARLEY, in the RG6 postcode district. The below map shows the position of No. 107 on PITTS LANE.