2, VICTORIA ROAD, MORTIMER COMMON, READING, RG7 3SE - £445,000

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 VICTORIA ROAD is a very small detached house of 74m², built sometime between 1967 and 1975. It was last sold for £445,000 in December 2022, which was around 33% below the average December 2022 detached price in the West Berkshire local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

2 VICTORIA ROAD Sold Prices

Land registry data shows two sales for 2 VICTORIA ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. Both of the two 2 VICTORIA ROAD 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 14 DEC	£445,000	£668,346	33% below HPI
2009 25 JUN	£198,000	£344,427	43% below HPI

2 VICTORIA ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Berkshire local authority area over time, sourced from the HPI. The two 2 VICTORIA ROAD sales from June 2009 and December 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 June 2009 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the December 2022 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 2 VICTORIA ROAD?

2 VICTORIA ROAD is 74m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 10% of detached houses in Mortimer, based on EPC data. The below chart shows the distribution of detached houses by size in Mortimer, and where 2 VICTORIA ROAD lies on this distribution: 4% of detached houses are smaller than 2 VICTORIA ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Mortimer.

2 VICTORIA ROAD: Plot and Title Map

2 VICTORIA ROAD sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 2 VICTORIA ROAD, 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 VICTORIA ROAD). 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 VICTORIA ROAD?

2 VICTORIA ROAD is located in MORTIMER COMMON, in the RG7 postcode district. The below map shows the position of No. 2 on VICTORIA ROAD.