40, KING STREET, MORTIMER COMMON, READING, RG7 3RS - £292,000

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

40 KING STREET is a midsized extended semi-detached house of 138m², built sometime before 1900, which could now be worth an estimated £626,393. It was last sold for £292,000 in June 2003, which was around 54% above the average June 2003 semi-detached price in the West Berkshire local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was C.

40 KING STREET Sold Prices

Land registry data shows two sales for 40 KING STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the West Berkshire local authority area for the corresponding sale date. Both of the two 40 KING STREET sales were for above 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
2003 23 JUN	£292,000	£189,052	54% above HPI
1996 1 APR	£105,000	£69,145	52% above HPI

40 KING STREET Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Berkshire local authority area over time, sourced from the HPI. The two 40 KING STREET sales from April 1996 and June 2003 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 April 1996 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the June 2003 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.

What might 40 KING STREET be worth now?

40 KING STREET might now be worth an estimated £626,393.

This is based on house price inflation of 114.5%, between June 2003 and December 2024, for semi-detached houses, in the West Berkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 114.5% inflationary increase is applied to the most recent sale price for 40 KING STREET of £292,000 on 23rd June 2003. For the value to have increased from £292,000 to £626,393 over the twenty years and six months to December 2024, the following assumptions must hold true:

• The value of 40 KING STREET has moved in line with the HPI for semi-detached houses in the West Berkshire local authority area.
• The June 2003 sale price of £292,000 represented a fair market value for the property.
• The size, condition, and specification of 40 KING STREET has not materially changed since June 2003.

How Large is 40 KING STREET?

40 KING STREET is 138m², which includes two extensions, according to the EPC inspection conducted in January 2024. This puts it in the smallest 50% of semi-detached houses houses in Mortimer, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Mortimer, and where 40 KING STREET lies on this distribution: 46% of semi-detached houses houses are smaller than 40 KING STREET, and 53% of houses are larger. Note that EPC data is not available for all properties in Mortimer.

40 KING STREET: Plot and Title Map

40 KING STREET sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 40 KING STREET, 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 KING STREET). 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 KING STREET?

40 KING STREET is located in MORTIMER COMMON, in the RG7 postcode district. The below map shows the position of No. 40 on KING STREET.