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

Based on the November 2024 Price Paid Data (released on 2nd January 2025), the October 2024 House Price Index (released on 18th December 2024), and the October 2024 Energy Performance of Buildings Data (released on 28th November 2024). Sources

12 CHESTERMENT WAY is a large detached house of 148m², built sometime between 1996 and 2002. It was last sold for £690,000 in July 2022, which was around 2% 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	£704,361	2% below HPI
2016 27 JUL	£550,000	£611,354	10% below HPI
1999 25 JUN	£194,950	£196,842	1% 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 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2022 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

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 in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 12 CHESTERMENT WAY lies on this distribution: 73% of detached 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.