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 WATER LANE is a very large extended detached house of 199m², built sometime between 1996 and 2002. It was last sold for £680,000 in January 2021, which was around 16% above the average January 2021 detached price in the West Berkshire local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 2 WATER LANE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. All of the five 2 WATER LANE sales were for above 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 |
---|---|---|---|
2021 4 JAN | £680,000 | £588,637 | 16% above HPI |
2015 7 JUL | £535,000 | £490,043 | 9% above HPI |
2009 31 JUL | £437,500 | £351,888 | 24% above HPI |
2008 25 APR | £480,000 | £387,573 | 24% above HPI |
2001 29 JUN | £399,995 | £262,246 | 53% above HPI |
The below graph shows the average detached house price in the West Berkshire local authority area over time, sourced from the HPI. The five 2 WATER LANE sales between June 2001 and January 2021 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 July 2015 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the January 2021 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.
2 WATER LANE is 199m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the largest 20% of detached houses in Greenham, based on EPC data. The below chart shows the distribution of detached houses by size in Greenham, and where 2 WATER LANE lies on this distribution: 81% of detached houses are smaller than 2 WATER LANE, and 18% of houses are larger. Note that EPC data is not available for all properties in Greenham.
2 WATER LANE sits on a plot of roughly 0.128 of an acre, or 519m². The below map shows the location of 2 WATER LANE, 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 WATER LANE). 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.
2 WATER LANE is located in GREENHAM, in the RG19 postcode district. The below map shows the position of No. 2 on WATER LANE.