11, PARK LANE, CHARVIL, READING, RG10 9TR - £750,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

11 PARK LANE is a very small detached house of 71m², built sometime between 1930 and 1949, which could now be worth an estimated £901,832. It was last sold for £750,000 in September 2018, which was around 16% above the average September 2018 detached price in the Wokingham local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

11 PARK LANE Sold Prices

Land registry data shows two sales for 11 PARK LANE since 1^st 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 11 PARK 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
2018 13 SEP	£750,000	£645,982	16% above HPI
2015 2 OCT	£445,000	£598,925	26% below HPI

11 PARK LANE 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 two 11 PARK LANE sales from October 2015 and September 2018 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 October 2015 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2018 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 11 PARK LANE be worth now?

11 PARK LANE might now be worth an estimated £901,832.

This is based on house price inflation of 20.2%, between September 2018 and February 2025, for detached houses, in the Wokingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.2% inflationary increase is applied to the most recent sale price for 11 PARK LANE of £750,000 on 13th September 2018. For the value to have increased from £750,000 to £901,832 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of 11 PARK LANE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The September 2018 sale price of £750,000 represented a fair market value for the property.
• The size, condition, and specification of 11 PARK LANE has not materially changed since September 2018.

How Large is 11 PARK LANE?

11 PARK LANE is 71m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 10% of detached houses houses in Charvil, based on EPC data. The below chart shows the distribution of detached houses houses by size in Charvil, and where 11 PARK LANE lies on this distribution: 1% of detached houses houses are smaller than 11 PARK LANE, and 99% of houses are larger. Note that EPC data is not available for all properties in Charvil.

11 PARK LANE: Plot and Title Map

11 PARK LANE sits on a plot of roughly 0.191 of an acre, or 771m². The below map shows the location of 11 PARK 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 11 PARK 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.

Where is 11 PARK LANE?

11 PARK LANE is located in CHARVIL, in the RG10 postcode district. The below map shows the position of No. 11 on PARK LANE.