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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

21 ELM LANE is a very large extended detached house of 164m², built sometime between 1991 and 1995, which could now be worth an estimated £856,439. It was last sold for £830,000 in September 2022, which was around 11% 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	£745,919	11% above HPI
1996 8 AUG	£129,950	£138,849	6% 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 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2022 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 21 ELM LANE be worth now?

21 ELM LANE might now be worth an estimated £856,439.

This is based on house price inflation of 3.2%, between September 2022 and December 2024, for detached houses, in the Wokingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.2% inflationary increase is applied to the most recent sale price for 21 ELM LANE of £830,000 on 29th September 2022. For the value to have increased from £830,000 to £856,439 over the one year and nine months to December 2024, the following assumptions must hold true:

• The value of 21 ELM LANE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The September 2022 sale price of £830,000 represented a fair market value for the property.
• The size, condition, and specification of 21 ELM LANE has not materially changed since September 2022.

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 houses in Reading, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reading, and where 21 ELM LANE lies on this distribution: 82% of detached houses houses are smaller than 21 ELM LANE, and 18% 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.