221, SOUTHCOTE LANE, READING, RG30 3AY - £300,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

221 SOUTHCOTE LANE is a very small extended terraced house of 87m², built sometime between 1950 and 1966, which could now be worth an estimated £357,796. It was last sold for £300,000 in December 2016, which was around 4% above the average December 2016 terraced price in the Reading local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was B.

221 SOUTHCOTE LANE Sold Prices

Land registry data shows four sales for 221 SOUTHCOTE LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Reading local authority area for the corresponding sale date. Most of the four 221 SOUTHCOTE 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
2016 13 DEC	£300,000	£289,764	4% above HPI
2013 4 JAN	£165,000	£200,471	18% below HPI
2003 7 FEB	£159,950	£152,310	5% above HPI
1995 24 NOV	£59,000	£51,962	14% above HPI

221 SOUTHCOTE LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Reading local authority area over time, sourced from the HPI. The four 221 SOUTHCOTE LANE sales between November 1995 and December 2016 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 January 2013 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2016 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 221 SOUTHCOTE LANE be worth now?

221 SOUTHCOTE LANE might now be worth an estimated £357,796.

This is based on house price inflation of 19.3%, between December 2016 and July 2025, for terraced houses, in the Reading local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.3% inflationary increase is applied to the most recent sale price for 221 SOUTHCOTE LANE of £300,000 on 13th December 2016. For the value to have increased from £300,000 to £357,796 over the nine years and five months to July 2025, the following assumptions must hold true:

• The value of 221 SOUTHCOTE LANE has moved in line with the HPI for terraced houses in the Reading local authority area.
• The December 2016 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 221 SOUTHCOTE LANE has not materially changed since December 2016.

How Large is 221 SOUTHCOTE LANE?

221 SOUTHCOTE LANE is 87m², which includes one extension, according to the EPC inspection conducted in November 2012. This puts it in the smallest 20% of terraced houses houses in Reading, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Reading, and where 221 SOUTHCOTE LANE lies on this distribution: 16% of terraced houses houses are smaller than 221 SOUTHCOTE LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Reading.

221 SOUTHCOTE LANE: Plot and Title Map

221 SOUTHCOTE LANE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 221 SOUTHCOTE 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 221 SOUTHCOTE 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 221 SOUTHCOTE LANE?

221 SOUTHCOTE LANE is located in READING, in the RG30 postcode district. The below map shows the position of No. 221 on SOUTHCOTE LANE.