41, MAREFIELD, LOWER EARLEY, READING, RG6 3DZ - £435,000

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

41 MAREFIELD is a midsized extended detached house of 115m², built sometime between 1983 and 1990. It was last sold for £435,000 in October 2020, which was around 32% below the average October 2020 detached price in the Wokingham local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

41 MAREFIELD Sold Prices

Land registry data shows two sales for 41 MAREFIELD 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 41 MAREFIELD 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 16 OCT	£435,000	£639,347	32% below HPI
1997 22 AUG	£102,950	£158,233	35% below HPI

41 MAREFIELD 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 41 MAREFIELD sales from August 1997 and October 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 August 1997 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the October 2020 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 41 MAREFIELD?

41 MAREFIELD is 115m², which includes three extensions, according to the EPC inspection conducted in July 2020. This puts it in the smallest 50% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 41 MAREFIELD lies on this distribution: 45% of detached houses are smaller than 41 MAREFIELD, and 54% of houses are larger. Note that EPC data is not available for all properties in Reading.

41 MAREFIELD: Plot and Title Map

41 MAREFIELD sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 41 MAREFIELD, 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 41 MAREFIELD). 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 41 MAREFIELD?

41 MAREFIELD is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 41 on MAREFIELD.