28, MOORHEN DRIVE, LOWER EARLEY, READING, RG6 4NZ - £407,000

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 MOORHEN DRIVE is a very small detached house of 71m², built sometime between 1996 and 2002. It was last sold for £407,000 in October 2018, which was around 35% below the average October 2018 detached price in the Wokingham local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

28 MOORHEN DRIVE Sold Prices

Land registry data shows five sales for 28 MOORHEN DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the five 28 MOORHEN DRIVE 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
2018 19 OCT	£407,000	£630,352	35% below HPI
2011 8 AUG	£270,000	£418,286	35% below HPI
2009 22 MAY	£230,000	£356,617	36% below HPI
2001 14 SEP	£189,000	£286,133	34% below HPI
1999 21 SEP	£145,000	£209,228	31% below HPI

28 MOORHEN DRIVE 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 five 28 MOORHEN DRIVE sales between September 1999 and October 2018 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 August 2011 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the October 2018 sale, which was also at 35% below the HPI.

How Large is 28 MOORHEN DRIVE?

28 MOORHEN DRIVE is 71m² according to the EPC inspection conducted in May 2024. This puts it in the smallest 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 28 MOORHEN DRIVE lies on this distribution: 6% of detached houses are smaller than 28 MOORHEN DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Reading.

28 MOORHEN DRIVE: Plot and Title Map

28 MOORHEN DRIVE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 28 MOORHEN DRIVE, 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 MOORHEN DRIVE). 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 MOORHEN DRIVE?

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