40, ELM ROAD, EARLEY, READING, RG6 5TR - £535,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

40 ELM ROAD is a very large extended detached house of 174m², built sometime between 1930 and 1949. It was last sold for £535,000 in December 2020, which was around 16% below the average December 2020 detached price in the Wokingham local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

40 ELM ROAD Sold Prices

Land registry data shows two sales for 40 ELM ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. Both of the two 40 ELM ROAD 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
2020 15 DEC	£535,000	£639,270	16% below HPI
2012 13 JUN	£385,000	£417,056	8% below HPI

40 ELM ROAD 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 two 40 ELM ROAD sales from June 2012 and December 2020 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 June 2012 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2020 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 40 ELM ROAD?

40 ELM ROAD is 174m², which includes two extensions, according to the EPC inspection conducted in March 2019. This puts it in the largest 20% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 40 ELM ROAD lies on this distribution: 86% of detached houses are smaller than 40 ELM ROAD, and 14% of houses are larger. Note that EPC data is not available for all properties in Reading.

40 ELM ROAD: Plot and Title Map

40 ELM ROAD sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 40 ELM ROAD, 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 40 ELM ROAD). 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 40 ELM ROAD?

40 ELM ROAD is located in EARLEY, in the RG6 postcode district. The below map shows the position of No. 40 on ELM ROAD.