28, MARKBY WAY, LOWER EARLEY, READING, RG6 3BG - £120,000

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

28 MARKBY WAY is a small extended detached house of 92m², built sometime between 1983 and 1990. It was last sold for £120,000 in December 2013, which was around 74% below the average December 2013 detached price in the Wokingham local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

28 MARKBY WAY Sold Prices

Land registry data shows two sales for 28 MARKBY 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 Wokingham local authority area for the corresponding sale date. Both of the two 28 MARKBY 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
2013 10 DEC	£120,000	£453,328	74% below HPI
1996 20 DEC	£82,000	£140,465	42% below HPI

28 MARKBY WAY 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 28 MARKBY WAY sales from December 1996 and December 2013 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 December 1996 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the December 2013 sale, where it falls to 74% below the HPI. The line then continues to track at 74% below the HPI.

How Large is 28 MARKBY WAY?

28 MARKBY WAY is 92m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 30% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 28 MARKBY WAY lies on this distribution: 21% of detached houses are smaller than 28 MARKBY WAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Reading.

28 MARKBY WAY: Plot and Title Map

28 MARKBY WAY sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 28 MARKBY 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 28 MARKBY 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 28 MARKBY WAY?

28 MARKBY WAY is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 28 on MARKBY WAY.