47, MITCHELL WAY, WOODLEY, READING, RG5 4NQ - £274,950

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

47 MITCHELL WAY is a very small extended detached house of 84m², built sometime between 1983 and 1990. It was last sold for £274,950 in March 2007, which was around 32% below the average March 2007 detached price in the Wokingham local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

47 MITCHELL WAY Sold Prices

Land registry data shows two sales for 47 MITCHELL 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 47 MITCHELL WAY 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
2007 30 MAR	£274,950	£402,756	32% below HPI
1997 5 DEC	£124,950	£171,077	27% below HPI

47 MITCHELL 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 47 MITCHELL WAY sales from December 1997 and March 2007 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 December 1997 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2007 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 47 MITCHELL WAY?

47 MITCHELL WAY is 84m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the smallest 20% of detached houses in Woodley, based on EPC data. The below chart shows the distribution of detached houses by size in Woodley, and where 47 MITCHELL WAY lies on this distribution: 15% of detached houses are smaller than 47 MITCHELL WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Woodley.

47 MITCHELL WAY: Plot and Title Map

47 MITCHELL WAY sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of 47 MITCHELL 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 47 MITCHELL 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 47 MITCHELL WAY?

47 MITCHELL WAY is located in WOODLEY, in the RG5 postcode district. The below map shows the position of No. 47 on MITCHELL WAY.