47, ADWELL DRIVE, LOWER EARLEY, READING, RG6 4JY - £625,000

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

47 ADWELL DRIVE is a small detached house of 105m², built sometime between 1976 and 1982. It was last sold for £625,000 in May 2023, which was around 14% below the average May 2023 detached price in the Wokingham local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was B.

47 ADWELL DRIVE Sold Prices

Land registry data shows four sales for 47 ADWELL 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 47 ADWELL 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 23 MAY	£625,000	£729,468	14% below HPI
2023 28 APR	£640,000	£737,056	13% below HPI
2016 3 OCT	£495,000	£614,147	19% below HPI
2004 16 JUL	£275,000	£344,660	20% below HPI

47 ADWELL 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 47 ADWELL DRIVE sales between July 2004 and May 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 April 2023 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2023 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 47 ADWELL DRIVE?

47 ADWELL DRIVE is 105m² according to the EPC inspection conducted in December 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 47 ADWELL DRIVE lies on this distribution: 33% of detached houses are smaller than 47 ADWELL DRIVE, and 66% of houses are larger. Note that EPC data is not available for all properties in Reading.

47 ADWELL DRIVE: Plot and Title Map

47 ADWELL DRIVE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 47 ADWELL 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 47 ADWELL 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 47 ADWELL DRIVE?

47 ADWELL DRIVE is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 47 on ADWELL DRIVE.