3, CHAPEL LANE, RISELEY, READING, RG7 1QU - £480,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 CHAPEL LANE is a very large extended detached house of 209m², built sometime between 1976 and 1982, which could now be worth an estimated £824,056. It was last sold for £480,000 in October 2007, which was around 8% above the average October 2007 detached price in the Wokingham local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

3 CHAPEL LANE Sold Prices

Land registry data shows three sales for 3 CHAPEL 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. One of the three 3 CHAPEL LANE sales was for above the average price, whilst two 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
2007 12 OCT	£480,000	£442,627	8% above HPI
2007 3 SEP	£412,500	£438,438	6% below HPI
2005 7 JUL	£360,000	£364,867	1% below HPI

3 CHAPEL 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 3 CHAPEL LANE sales between July 2005 and October 2007 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 September 2007 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the October 2007 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 3 CHAPEL LANE be worth now?

3 CHAPEL LANE might now be worth an estimated £824,056.

This is based on house price inflation of 71.7%, between October 2007 and March 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 71.7% inflationary increase is applied to the most recent sale price for 3 CHAPEL LANE of £480,000 on 12th October 2007. For the value to have increased from £480,000 to £824,056 over the eighteen years and seven months to March 2025, the following assumptions must hold true:

• The value of 3 CHAPEL LANE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The October 2007 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CHAPEL LANE has not materially changed since October 2007.

How Large is 3 CHAPEL LANE?

3 CHAPEL LANE is 209m², which includes two extensions, according to the EPC inspection conducted in June 2020. This puts it in the largest 20% of detached houses houses in Riseley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Riseley, and where 3 CHAPEL LANE lies on this distribution: 89% of detached houses houses are smaller than 3 CHAPEL LANE, and 11% of houses are larger. Note that EPC data is not available for all properties in Riseley.

3 CHAPEL LANE: Plot and Title Map

3 CHAPEL LANE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 3 CHAPEL 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 3 CHAPEL 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 3 CHAPEL LANE?

3 CHAPEL LANE is located in RISELEY, in the RG7 postcode district. The below map shows the position of No. 3 on CHAPEL LANE.