16, MAREFIELD, LOWER EARLEY, READING, RG6 3DZ - £350,000

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

16 MAREFIELD is a very small detached house of 69m², built sometime between 1983 and 1990. It was last sold for £350,000 in October 2015, which was around 40% below the average October 2015 detached price in the Wokingham local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

16 MAREFIELD Sold Prices

Land registry data shows two sales for 16 MAREFIELD 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. Both of the two 16 MAREFIELD 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
2015 16 OCT	£350,000	£580,875	40% below HPI
1998 15 MAY	£116,000	£178,191	35% below HPI

16 MAREFIELD 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 16 MAREFIELD sales from May 1998 and October 2015 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 May 1998 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the October 2015 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 16 MAREFIELD?

16 MAREFIELD is 69m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 10% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 16 MAREFIELD lies on this distribution: 5% of detached houses are smaller than 16 MAREFIELD, and 95% of houses are larger. Note that EPC data is not available for all properties in Reading.

16 MAREFIELD: Plot and Title Map

16 MAREFIELD sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 16 MAREFIELD, 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 16 MAREFIELD). 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 16 MAREFIELD?

16 MAREFIELD is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 16 on MAREFIELD.