3, CHESTERMENT WAY, LOWER EARLEY, READING, RG6 4HW - £409,950

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

3 CHESTERMENT WAY is a large detached house of 144m², built sometime between 1996 and 2002, which could now be worth an estimated £683,163. It was last sold for £409,950 in October 2013, which was around 11% below the average October 2013 detached price in the Wokingham local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

3 CHESTERMENT WAY Sold Prices

Land registry data shows three sales for 3 CHESTERMENT WAY 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. All of the three 3 CHESTERMENT 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 7 OCT	£409,950	£461,867	11% below HPI
2002 18 SEP	£295,000	£332,234	11% below HPI
1998 24 NOV	£188,000	£197,078	5% below HPI

3 CHESTERMENT 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 three 3 CHESTERMENT WAY sales between November 1998 and October 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 September 2002 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2013 sale, which was also at 11% below the HPI.

What might 3 CHESTERMENT WAY be worth now?

3 CHESTERMENT WAY might now be worth an estimated £683,163.

This is based on house price inflation of 66.6%, between October 2013 and December 2024, 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 66.6% inflationary increase is applied to the most recent sale price for 3 CHESTERMENT WAY of £409,950 on 7th October 2013. For the value to have increased from £409,950 to £683,163 over the ten years and ten months to December 2024, the following assumptions must hold true:

• The value of 3 CHESTERMENT WAY has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The October 2013 sale price of £409,950 represented a fair market value for the property.
• The size, condition, and specification of 3 CHESTERMENT WAY has not materially changed since October 2013.

How Large is 3 CHESTERMENT WAY?

3 CHESTERMENT WAY is 144m² according to the EPC inspection conducted in May 2013. This puts it in the largest 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 3 CHESTERMENT WAY lies on this distribution: 70% of detached houses houses are smaller than 3 CHESTERMENT WAY, and 29% of houses are larger. Note that EPC data is not available for all properties in Reading.

3 CHESTERMENT WAY: Plot and Title Map

3 CHESTERMENT WAY sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 3 CHESTERMENT 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 3 CHESTERMENT 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 3 CHESTERMENT WAY?

3 CHESTERMENT WAY is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 3 on CHESTERMENT WAY.