17, LANCE WAY, ARBORFIELD GREEN, READING, RG2 9YY - £662,500

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

17 LANCE WAY is a midsized detached house of 131m², which could now be worth an estimated £712,101. It was last sold for £662,500 in June 2022, which was around 7% below the average June 2022 detached price in the Wokingham local authority area. The most recent EPC inspection was July 2020, where the current energy rating was B, and the potential energy rating was A.

17 LANCE WAY Sold Prices

Land registry data shows two sales for 17 LANCE WAY 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 17 LANCE 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 24 JUN	£662,500	£716,068	7% below HPI
2020 21 AUG	£595,000	£646,824	8% below HPI

17 LANCE 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 two 17 LANCE WAY sales from August 2020 and June 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 August 2020 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2022 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 17 LANCE WAY be worth now?

17 LANCE WAY might now be worth an estimated £712,101.

This is based on house price inflation of 7.5%, between June 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 7.5% inflationary increase is applied to the most recent sale price for 17 LANCE WAY of £662,500 on 24th June 2022. For the value to have increased from £662,500 to £712,101 over the one year and six months to December 2024, the following assumptions must hold true:

• The value of 17 LANCE WAY has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The June 2022 sale price of £662,500 represented a fair market value for the property.
• The size, condition, and specification of 17 LANCE WAY has not materially changed since June 2022.

How Large is 17 LANCE WAY?

17 LANCE WAY is 131m² according to the EPC inspection conducted in July 2020. This puts it in the largest 50% of detached houses houses in Arborfield Garrison, based on EPC data. The below chart shows the distribution of detached houses houses by size in Arborfield Garrison, and where 17 LANCE WAY lies on this distribution: 57% of detached houses houses are smaller than 17 LANCE WAY, and 41% of houses are larger. Note that EPC data is not available for all properties in Arborfield Garrison.

17 LANCE WAY: Plot and Title Map

17 LANCE WAY sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 17 LANCE 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 17 LANCE 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 17 LANCE WAY?

17 LANCE WAY is located in ARBORFIELD GREEN, in the RG2 postcode district. The below map shows the position of No. 17 on LANCE WAY.