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

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

28 MARKBY WAY is a small extended detached house of 92m², built sometime between 1983 and 1990, which could now be worth an estimated £199,418. 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	£467,414	74% below HPI
1996 20 DEC	£82,000	£144,830	43% 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 43% below the HPI. So the extrapolation line tracks at 43% 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.

What might 28 MARKBY WAY be worth now?

28 MARKBY WAY might now be worth an estimated £199,418.

This is based on house price inflation of 66.2%, between December 2013 and February 2025, 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 66.2% inflationary increase is applied to the most recent sale price for 28 MARKBY WAY of £120,000 on 10th December 2013. For the value to have increased from £120,000 to £199,418 over the twelve years and ten months to February 2025, the following assumptions must hold true:

• The value of 28 MARKBY WAY has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The December 2013 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 28 MARKBY WAY has not materially changed since December 2013.

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 houses in Reading, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reading, and where 28 MARKBY WAY lies on this distribution: 21% of detached houses houses are smaller than 28 MARKBY WAY, and 79% 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.