4, SPRING LANE, MORTIMER COMMON, READING, RG7 3RT - £335,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

4 SPRING LANE is a very small semi-detached house of 65m², built sometime between 1950 and 1966. It was last sold for £335,000 in December 2016, which was around 39% below the average December 2016 detached price in the West Berkshire local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

4 SPRING LANE Sold Prices

Land registry data shows four sales for 4 SPRING LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. All of the four 4 SPRING 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
2016 20 DEC	£335,000	£553,358	39% below HPI
2004 5 NOV	£235,000	£346,102	32% below HPI
2001 22 JUN	£159,000	£262,246	39% below HPI
1999 4 JUN	£97,000	£187,558	48% below HPI

4 SPRING LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Berkshire local authority area over time, sourced from the HPI. The four 4 SPRING LANE sales between June 1999 and December 2016 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 November 2004 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the December 2016 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 4 SPRING LANE?

4 SPRING LANE is 65m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 10% of detached houses in Mortimer, based on EPC data. The below chart shows the distribution of detached houses by size in Mortimer, and where 4 SPRING LANE lies on this distribution: 3% of detached houses are smaller than 4 SPRING LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in Mortimer.

4 SPRING LANE: Plot and Title Map

4 SPRING LANE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 4 SPRING 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 4 SPRING 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 4 SPRING LANE?

4 SPRING LANE is located in MORTIMER COMMON, in the RG7 postcode district. The below map shows the position of No. 4 on SPRING LANE.