11, IRVINE WAY, LOWER EARLEY, READING, RG6 4JW - £584,950

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

11 IRVINE WAY is a large detached house of 130m², built sometime between 1976 and 1982. It was last sold for £584,950 in March 2016, which was around 2% below the average March 2016 detached price in the Wokingham local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

11 IRVINE WAY Sold Prices

Land registry data shows four sales for 11 IRVINE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the four 11 IRVINE WAY 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
2016 8 MAR	£584,950	£598,935	2% below HPI
2005 25 AUG	£348,000	£358,904	3% below HPI
1999 18 JAN	£183,500	£192,503	5% below HPI
1998 17 MAR	£165,000	£175,646	6% below HPI

11 IRVINE WAY 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 four 11 IRVINE WAY sales between March 1998 and March 2016 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 August 2005 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the March 2016 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 11 IRVINE WAY?

11 IRVINE WAY is 130m² according to the EPC inspection conducted in September 2015. 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 11 IRVINE WAY lies on this distribution: 60% of detached houses are smaller than 11 IRVINE WAY, and 39% of houses are larger. Note that EPC data is not available for all properties in Reading.

11 IRVINE WAY: Plot and Title Map

11 IRVINE WAY sits on a plot of roughly 0.148 of an acre, or 601m². The below map shows the location of 11 IRVINE 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 11 IRVINE 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.

Where is 11 IRVINE WAY?

11 IRVINE WAY is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 11 on IRVINE WAY.