24, MULBERRY WAY, THEALE, READING, RG7 5EQ - £374,000

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

24 MULBERRY WAY is a very large detached house of 142m², built sometime between 1967 and 1975, which could now be worth an estimated £483,668. It was last sold for £374,000 in October 2015, which was around 30% below the average October 2015 detached price in the West Berkshire local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was C.

24 MULBERRY WAY Sold Prices

Land registry data shows two sales for 24 MULBERRY WAY 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 24 MULBERRY WAY 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
2015 21 OCT	£374,000	£536,652	30% below HPI
2002 8 APR	£185,000	£288,444	36% below HPI

24 MULBERRY WAY 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 24 MULBERRY WAY sales from April 2002 and October 2015 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 April 2002 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the October 2015 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 24 MULBERRY WAY be worth now?

24 MULBERRY WAY might now be worth an estimated £483,668.

This is based on house price inflation of 29.3%, between October 2015 and December 2024, for detached houses, in the West Berkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29.3% inflationary increase is applied to the most recent sale price for 24 MULBERRY WAY of £374,000 on 21st October 2015. For the value to have increased from £374,000 to £483,668 over the eight years and ten months to December 2024, the following assumptions must hold true:

• The value of 24 MULBERRY WAY has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The October 2015 sale price of £374,000 represented a fair market value for the property.
• The size, condition, and specification of 24 MULBERRY WAY has not materially changed since October 2015.

How Large is 24 MULBERRY WAY?

24 MULBERRY WAY is 142m² according to the EPC inspection conducted in August 2016. This puts it in the largest 20% of detached houses houses in Theale, based on EPC data. The below chart shows the distribution of detached houses houses by size in Theale, and where 24 MULBERRY WAY lies on this distribution: 87% of detached houses houses are smaller than 24 MULBERRY WAY, and 13% of houses are larger. Note that EPC data is not available for all properties in Theale.

24 MULBERRY WAY: Plot and Title Map

24 MULBERRY WAY sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 24 MULBERRY WAY, 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 24 MULBERRY WAY). 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 24 MULBERRY WAY?

24 MULBERRY WAY is located in THEALE, in the RG7 postcode district. The below map shows the position of No. 24 on MULBERRY WAY.