48, GIPSY LANE, EARLEY, READING, RG6 7HD - £810,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

48 GIPSY LANE is a very large extended detached house of 209m², built sometime between 1930 and 1949, which could now be worth an estimated £965,817. It was last sold for £810,000 in November 2017, which was around 25% above the average November 2017 detached price in the Wokingham local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was B.

48 GIPSY LANE Sold Prices

Land registry data shows two sales for 48 GIPSY LANE 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. One of the two 48 GIPSY LANE sales was for above the average price, whilst the other was 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
2017 3 NOV	£810,000	£645,506	25% above HPI
2002 12 AUG	£270,000	£325,852	17% below HPI

48 GIPSY LANE 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 48 GIPSY LANE sales from August 2002 and November 2017 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 2002 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the November 2017 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 48 GIPSY LANE be worth now?

48 GIPSY LANE might now be worth an estimated £965,817.

This is based on house price inflation of 19.2%, between November 2017 and December 2024, for detached houses, in the Wokingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.2% inflationary increase is applied to the most recent sale price for 48 GIPSY LANE of £810,000 on 3rd November 2017. For the value to have increased from £810,000 to £965,817 over the six years and eleven months to December 2024, the following assumptions must hold true:

• The value of 48 GIPSY LANE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The November 2017 sale price of £810,000 represented a fair market value for the property.
• The size, condition, and specification of 48 GIPSY LANE has not materially changed since November 2017.

How Large is 48 GIPSY LANE?

48 GIPSY LANE is 209m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the largest 10% of detached houses houses in Reading, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reading, and where 48 GIPSY LANE lies on this distribution: 94% of detached houses houses are smaller than 48 GIPSY LANE, and 6% of houses are larger. Note that EPC data is not available for all properties in Reading.

48 GIPSY LANE: Plot and Title Map

48 GIPSY LANE sits on a plot of roughly 0.235 of an acre, or 952m². The below map shows the location of 48 GIPSY LANE, 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 48 GIPSY LANE). 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 48 GIPSY LANE?

48 GIPSY LANE is located in EARLEY, in the RG6 postcode district. The below map shows the position of No. 48 on GIPSY LANE.