40, STRAND WAY, LOWER EARLEY, READING, RG6 4BU - £700,000

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

40 STRAND WAY is a large extended detached house of 158m², built sometime between 1991 and 1995. It was last sold for £700,000 in February 2018, which was around 11% above the average February 2018 detached price in the Wokingham local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

40 STRAND WAY Sold Prices

Land registry data shows two sales for 40 STRAND WAY 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 STRAND WAY 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
2018 9 FEB	£700,000	£630,602	11% above HPI
1996 27 MAR	£136,000	£131,181	4% above HPI

40 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 two 40 STRAND WAY sales from March 1996 and February 2018 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 March 1996 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the February 2018 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 40 STRAND WAY?

40 STRAND WAY is 158m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the largest 30% 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 STRAND WAY lies on this distribution: 79% of detached houses are smaller than 40 STRAND WAY, and 20% of houses are larger. Note that EPC data is not available for all properties in Reading.

40 STRAND WAY: Plot and Title Map

40 STRAND WAY sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of 40 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 40 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 40 STRAND WAY?

40 STRAND WAY is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 40 on STRAND WAY.