15, THE AVENUE, MORTIMER COMMON, READING, RG7 3QY - £475,000

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

15 THE AVENUE is a small extended detached house of 125m², built sometime between 1950 and 1966. It was last sold for £475,000 in December 2020, which was around 20% below the average December 2020 detached price in the West Berkshire local authority area. The most recent EPC inspection was May 2016, where the current energy rating was F, and the potential energy rating was C.

15 THE AVENUE Sold Prices

Land registry data shows two sales for 15 THE AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. One of the two 15 THE AVENUE sales was for below the average price, whilst the other was for above 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
2020 9 DEC	£475,000	£597,420	20% below HPI
2002 15 NOV	£322,500	£319,108	1% above HPI

15 THE AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Berkshire local authority area over time, sourced from the HPI. The two 15 THE AVENUE sales from November 2002 and December 2020 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 November 2002 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the December 2020 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 15 THE AVENUE?

15 THE AVENUE is 125m², which includes four extensions, according to the EPC inspection conducted in May 2016. This puts it in the smallest 40% of detached houses in Mortimer, based on EPC data. The below chart shows the distribution of detached houses by size in Mortimer, and where 15 THE AVENUE lies on this distribution: 35% of detached houses are smaller than 15 THE AVENUE, and 64% of houses are larger. Note that EPC data is not available for all properties in Mortimer.

15 THE AVENUE: Plot and Title Map

15 THE AVENUE sits on a plot of roughly 0.186 of an acre, or 751m². The below map shows the location of 15 THE AVENUE, 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 15 THE AVENUE). 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 15 THE AVENUE?

15 THE AVENUE is located in MORTIMER COMMON, in the RG7 postcode district. The below map shows the position of No. 15 on THE AVENUE.