42, MOORHEN DRIVE, LOWER EARLEY, READING, RG6 4NZ - £610,000

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

42 MOORHEN DRIVE is a small detached house of 110m², built sometime between 1991 and 1995. It was last sold for £610,000 in December 2023, which was around 15% below the average December 2023 detached price in the Wokingham local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

42 MOORHEN DRIVE Sold Prices

Land registry data shows four sales for 42 MOORHEN DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the four 42 MOORHEN DRIVE 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
2023 12 DEC	£610,000	£720,855	15% below HPI
2007 9 AUG	£386,500	£421,275	8% below HPI
2004 10 SEP	£298,000	£351,371	15% below HPI
1999 30 JUN	£195,500	£196,842	1% below HPI

42 MOORHEN DRIVE 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 four 42 MOORHEN DRIVE sales between June 1999 and December 2023 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 2007 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2023 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 42 MOORHEN DRIVE?

42 MOORHEN DRIVE is 110m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 40% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 42 MOORHEN DRIVE lies on this distribution: 39% of detached houses are smaller than 42 MOORHEN DRIVE, and 60% of houses are larger. Note that EPC data is not available for all properties in Reading.

42 MOORHEN DRIVE: Plot and Title Map

42 MOORHEN DRIVE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 42 MOORHEN DRIVE, 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 42 MOORHEN DRIVE). 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 42 MOORHEN DRIVE?

42 MOORHEN DRIVE is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 42 on MOORHEN DRIVE.