27, MILL LANE, EARLEY, READING, RG6 7JF - £865,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

27 MILL LANE is a very large extended detached house of 188m², built sometime between 1950 and 1966. It was last sold for £865,000 in July 2023, which was around 21% above the average July 2023 detached price in the Wokingham local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was B.

27 MILL LANE Sold Prices

Land registry data shows three sales for 27 MILL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. Two of the three 27 MILL LANE sales were for above the average price, whilst one 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
2023 12 JUL	£865,000	£712,467	21% above HPI
2016 29 JAN	£650,000	£587,215	11% above HPI
2014 25 JUL	£322,000	£491,485	34% below HPI

27 MILL 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 three 27 MILL LANE sales between July 2014 and July 2023 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 2016 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the July 2023 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 27 MILL LANE?

27 MILL LANE is 188m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the largest 10% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 27 MILL LANE lies on this distribution: 90% of detached houses are smaller than 27 MILL LANE, and 10% of houses are larger. Note that EPC data is not available for all properties in Reading.

27 MILL LANE: Plot and Title Map

27 MILL LANE sits on a plot of roughly 0.150 of an acre, or 609m². The below map shows the location of 27 MILL 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 27 MILL 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 27 MILL LANE?

27 MILL LANE is located in EARLEY, in the RG6 postcode district. The below map shows the position of No. 27 on MILL LANE.