3, OWSTON, LOWER EARLEY, READING, RG6 3DX - £430,000

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 OWSTON is a small extended detached house of 96m², built sometime between 1976 and 1982, which could now be worth an estimated £521,884. It was last sold for £430,000 in August 2017, which was around 33% below the average August 2017 detached price in the Wokingham local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was C.

3 OWSTON Sold Prices

Land registry data shows three sales for 3 OWSTON 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 OWSTON 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
2017 17 AUG	£430,000	£639,999	33% below HPI
2003 17 OCT	£250,000	£343,326	27% below HPI
1998 16 FEB	£105,000	£179,405	41% below HPI

3 OWSTON 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 OWSTON sales between February 1998 and August 2017 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 October 2003 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2017 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 3 OWSTON be worth now?

3 OWSTON might now be worth an estimated £521,884.

This is based on house price inflation of 21.4%, between August 2017 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 21.4% inflationary increase is applied to the most recent sale price for 3 OWSTON of £430,000 on 17th August 2017. For the value to have increased from £430,000 to £521,884 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 3 OWSTON has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The August 2017 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 3 OWSTON has not materially changed since August 2017.

How Large is 3 OWSTON?

3 OWSTON is 96m², which includes one extension, according to the EPC inspection conducted in October 2010. 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 3 OWSTON lies on this distribution: 25% of detached houses houses are smaller than 3 OWSTON, and 75% of houses are larger. Note that EPC data is not available for all properties in Reading.

3 OWSTON: Plot and Title Map

3 OWSTON sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 3 OWSTON, 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 OWSTON). 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 OWSTON?

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