36, STRAND WAY, LOWER EARLEY, READING, RG6 4BU - £405,000

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

36 STRAND WAY is a very small detached house of 68m², built sometime between 1983 and 1990, which could now be worth an estimated £483,316. It was last sold for £405,000 in March 2021, which was around 37% below the average March 2021 detached price in the Wokingham local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was D.

36 STRAND WAY Sold Prices

Land registry data shows five sales for 36 STRAND WAY 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 36 STRAND 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
2021 3 MAR	£405,000	£644,962	37% below HPI
2012 7 SEP	£265,000	£438,889	40% below HPI
2003 18 AUG	£200,000	£341,480	41% below HPI
1999 27 OCT	£133,635	£220,106	39% below HPI
1998 28 OCT	£119,000	£192,847	38% below HPI

36 STRAND 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 five 36 STRAND WAY sales between October 1998 and March 2021 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 2012 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the March 2021 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 36 STRAND WAY be worth now?

36 STRAND WAY might now be worth an estimated £483,316.

This is based on house price inflation of 19.3%, between March 2021 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 19.3% inflationary increase is applied to the most recent sale price for 36 STRAND WAY of £405,000 on 3rd March 2021. For the value to have increased from £405,000 to £483,316 over the two years and three months to December 2024, the following assumptions must hold true:

• The value of 36 STRAND WAY has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The March 2021 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 36 STRAND WAY has not materially changed since March 2021.

How Large is 36 STRAND WAY?

36 STRAND WAY is 68m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 10% 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 36 STRAND WAY lies on this distribution: 5% of detached houses houses are smaller than 36 STRAND WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Reading.

36 STRAND WAY: Plot and Title Map

36 STRAND WAY sits on a plot of roughly 0.048 of an acre, or 193m². The below map shows the location of 36 STRAND 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 36 STRAND 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 36 STRAND WAY?

36 STRAND WAY is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 36 on STRAND WAY.