18, MAREFIELD, LOWER EARLEY, READING, RG6 3DZ - £442,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

18 MAREFIELD is a very small extended detached house of 90m², built sometime between 1983 and 1990, which could now be worth an estimated £547,292. It was last sold for £442,000 in July 2019, which was around 30% below the average July 2019 detached price in the Wokingham local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

18 MAREFIELD Sold Prices

Land registry data shows two sales for 18 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 18 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
2019 9 JUL	£442,000	£627,318	30% below HPI
2014 21 FEB	£356,000	£476,202	25% below HPI

18 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 18 MAREFIELD sales from February 2014 and July 2019 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 February 2014 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2019 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 18 MAREFIELD be worth now?

18 MAREFIELD might now be worth an estimated £547,292.

This is based on house price inflation of 23.8%, between July 2019 and February 2025, 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 23.8% inflationary increase is applied to the most recent sale price for 18 MAREFIELD of £442,000 on 9th July 2019. For the value to have increased from £442,000 to £547,292 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 18 MAREFIELD has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The July 2019 sale price of £442,000 represented a fair market value for the property.
• The size, condition, and specification of 18 MAREFIELD has not materially changed since July 2019.

How Large is 18 MAREFIELD?

18 MAREFIELD is 90m², which includes two extensions, according to the EPC inspection conducted in May 2019. This puts it in the smallest 20% 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 18 MAREFIELD lies on this distribution: 19% of detached houses houses are smaller than 18 MAREFIELD, and 81% of houses are larger. Note that EPC data is not available for all properties in Reading.

18 MAREFIELD: Plot and Title Map

18 MAREFIELD sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 18 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 18 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 18 MAREFIELD?

18 MAREFIELD is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 18 on MAREFIELD.