18, THE PIPPINS, SWALLOWFIELD, READING, RG7 1LW - £605,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

18 THE PIPPINS is a very small detached house of 120m². It was last sold for £605,000 in June 2022, which was around 13% below the average June 2022 detached price in the Wokingham local authority area. The most recent EPC inspection was April 2017, where the current energy rating was B, and the potential energy rating was A.

18 THE PIPPINS Sold Prices

Land registry data shows two sales for 18 THE PIPPINS 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 THE PIPPINS 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 17 JUN	£605,000	£694,487	13% below HPI
2017 20 DEC	£515,000	£620,790	17% below HPI

18 THE PIPPINS 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 THE PIPPINS sales from December 2017 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 December 2017 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2022 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 18 THE PIPPINS?

18 THE PIPPINS is 120m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 20% of detached houses in Swallowfield, based on EPC data. The below chart shows the distribution of detached houses by size in Swallowfield, and where 18 THE PIPPINS lies on this distribution: 20% of detached houses are smaller than 18 THE PIPPINS, and 78% of houses are larger. Note that EPC data is not available for all properties in Swallowfield.

18 THE PIPPINS: Plot and Title Map

18 THE PIPPINS sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 18 THE PIPPINS, 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 THE PIPPINS). 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 THE PIPPINS?

18 THE PIPPINS is located in SWALLOWFIELD, in the RG7 postcode district. The below map shows the position of No. 18 on THE PIPPINS.