2, CANNOCK WAY, LOWER EARLEY, READING, RG6 4EF - £435,000

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

2 CANNOCK WAY is a small detached house of 103m², built sometime between 1983 and 1990. It was last sold for £435,000 in September 2018, which was around 31% below the average September 2018 detached price in the Wokingham local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was C.

2 CANNOCK WAY Sold Prices

Land registry data shows three sales for 2 CANNOCK WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the three 2 CANNOCK 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
2018 19 SEP	£435,000	£626,514	31% below HPI
2013 2 APR	£314,950	£432,905	27% below HPI
1996 24 SEP	£90,500	£137,177	34% below HPI

2 CANNOCK 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 three 2 CANNOCK WAY sales between September 1996 and September 2018 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 April 2013 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the September 2018 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 2 CANNOCK WAY?

2 CANNOCK WAY is 103m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 40% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 2 CANNOCK WAY lies on this distribution: 31% of detached houses are smaller than 2 CANNOCK WAY, and 68% of houses are larger. Note that EPC data is not available for all properties in Reading.

2 CANNOCK WAY: Plot and Title Map

2 CANNOCK WAY sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 2 CANNOCK 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 2 CANNOCK 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 2 CANNOCK WAY?

2 CANNOCK WAY is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 2 on CANNOCK WAY.