12, CHESTERMENT WAY, LOWER EARLEY, READING, RG6 4HW - £690,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

12 CHESTERMENT WAY is a large detached house of 148m², built sometime between 1996 and 2002, which could now be worth an estimated £731,264. It was last sold for £690,000 in July 2022, which was around 5% below the average July 2022 detached price in the Wokingham local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was C.

12 CHESTERMENT WAY Sold Prices

Land registry data shows three sales for 12 CHESTERMENT WAY 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 12 CHESTERMENT 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
2022 7 JUL	£690,000	£726,248	5% below HPI
2016 27 JUL	£550,000	£630,351	13% below HPI
1999 25 JUN	£194,950	£202,959	4% below HPI

12 CHESTERMENT 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 three 12 CHESTERMENT WAY sales between June 1999 and July 2022 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 July 2016 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2022 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 12 CHESTERMENT WAY be worth now?

12 CHESTERMENT WAY might now be worth an estimated £731,264.

This is based on house price inflation of 6%, between July 2022 and December 2024, 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 6% inflationary increase is applied to the most recent sale price for 12 CHESTERMENT WAY of £690,000 on 7th July 2022. For the value to have increased from £690,000 to £731,264 over the one year and seven months to December 2024, the following assumptions must hold true:

• The value of 12 CHESTERMENT WAY has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The July 2022 sale price of £690,000 represented a fair market value for the property.
• The size, condition, and specification of 12 CHESTERMENT WAY has not materially changed since July 2022.

How Large is 12 CHESTERMENT WAY?

12 CHESTERMENT WAY is 148m² according to the EPC inspection conducted in January 2022. This puts it in the largest 30% of detached houses houses in Reading, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reading, and where 12 CHESTERMENT WAY lies on this distribution: 73% of detached houses houses are smaller than 12 CHESTERMENT WAY, and 27% of houses are larger. Note that EPC data is not available for all properties in Reading.

12 CHESTERMENT WAY: Plot and Title Map

12 CHESTERMENT WAY sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 12 CHESTERMENT 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 12 CHESTERMENT 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 12 CHESTERMENT WAY?

12 CHESTERMENT WAY is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 12 on CHESTERMENT WAY.