21, ELM LANE, LOWER EARLEY, READING, RG6 5UE - £830,000

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

21 ELM LANE is a very large extended detached house of 164m², built sometime between 1991 and 1995. It was last sold for £830,000 in September 2022, which was around 15% above the average September 2022 detached price in the Wokingham local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was C.

21 ELM LANE Sold Prices

Land registry data shows two sales for 21 ELM LANE 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. One of the two 21 ELM LANE sales was for above the average price, whilst the other was 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 29 SEP	£830,000	£723,439	15% above HPI
1996 8 AUG	£129,950	£134,665	4% below HPI

21 ELM LANE 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 21 ELM LANE sales from August 1996 and September 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 August 1996 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the September 2022 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 21 ELM LANE?

21 ELM LANE is 164m², which includes two extensions, according to the EPC inspection conducted in September 2021. This puts it in the largest 20% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 21 ELM LANE lies on this distribution: 82% of detached houses are smaller than 21 ELM LANE, and 17% of houses are larger. Note that EPC data is not available for all properties in Reading.

21 ELM LANE: Plot and Title Map

21 ELM LANE sits on a plot of roughly 0.155 of an acre, or 629m². The below map shows the location of 21 ELM 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 21 ELM 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.

Where is 21 ELM LANE?

21 ELM LANE is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 21 on ELM LANE.