48, INSTOW ROAD, EARLEY, READING, RG6 5QJ - £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

48 INSTOW ROAD is a very small extended detached house of 69m², built sometime between 1967 and 1975. It was last sold for £435,000 in June 2020, which was around 31% below the average June 2020 detached price in the Wokingham local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was D.

48 INSTOW ROAD Sold Prices

Land registry data shows three sales for 48 INSTOW ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the three 48 INSTOW ROAD 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 9 JUN	£435,000	£628,998	31% below HPI
2014 17 OCT	£360,000	£510,893	30% below HPI
1996 16 AUG	£109,000	£134,665	19% below HPI

48 INSTOW ROAD 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 three 48 INSTOW ROAD sales between August 1996 and June 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 October 2014 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2020 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 48 INSTOW ROAD?

48 INSTOW ROAD is 69m², which includes two extensions, according to the EPC inspection conducted in January 2011. This puts it in the smallest 10% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 48 INSTOW ROAD lies on this distribution: 5% of detached houses are smaller than 48 INSTOW ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Reading.

48 INSTOW ROAD: Plot and Title Map

48 INSTOW ROAD sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 48 INSTOW ROAD, 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 INSTOW ROAD). 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 INSTOW ROAD?

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