33, MILL LANE, EARLEY, READING, RG6 7JF - £405,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

33 MILL LANE is a very small extended detached house of 67m², built sometime between 1950 and 1966. It was last sold for £405,000 in November 2017, which was around 35% below the average November 2017 detached price in the Wokingham local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

33 MILL LANE Sold Prices

Land registry data shows three sales for 33 MILL 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. All of the three 33 MILL LANE 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 3 NOV	£405,000	£626,052	35% below HPI
2006 12 JUL	£280,000	£368,194	24% below HPI
2006 1 MAR	£205,000	£361,688	43% below HPI

33 MILL 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 33 MILL LANE sales between March 2006 and November 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 July 2006 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the November 2017 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 33 MILL LANE?

33 MILL LANE is 67m², which includes one extension, according to the EPC inspection conducted in October 2015. 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 33 MILL LANE lies on this distribution: 4% of detached houses are smaller than 33 MILL LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in Reading.

33 MILL LANE: Plot and Title Map

33 MILL LANE sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 33 MILL 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 33 MILL 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 33 MILL LANE?

33 MILL LANE is located in EARLEY, in the RG6 postcode district. The below map shows the position of No. 33 on MILL LANE.