48, SKYLARK WAY, SHINFIELD, READING, RG2 9AJ - £475,000

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 SKYLARK WAY is a small detached house of 118m², built sometime between 2003 and 2006. It was last sold for £475,000 in March 2021, which was around 24% below the average March 2021 detached price in the Wokingham local authority area. The most recent EPC inspection was February 2009, where the current energy rating was C, and the potential energy rating was C.

48 SKYLARK WAY Sold Prices

Land registry data shows three sales for 48 SKYLARK WAY 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 SKYLARK 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
2021 25 MAR	£475,000	£625,524	24% below HPI
2016 12 FEB	£464,000	£593,030	22% below HPI
2005 25 NOV	£330,000	£362,577	9% below HPI

48 SKYLARK 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 three 48 SKYLARK WAY sales between November 2005 and March 2021 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 February 2016 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the March 2021 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 48 SKYLARK WAY?

48 SKYLARK WAY is 118m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 40% of detached houses in Shinfield, based on EPC data. The below chart shows the distribution of detached houses by size in Shinfield, and where 48 SKYLARK WAY lies on this distribution: 36% of detached houses are smaller than 48 SKYLARK WAY, and 64% of houses are larger. Note that EPC data is not available for all properties in Shinfield.

48 SKYLARK WAY: Plot and Title Map

48 SKYLARK WAY sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 48 SKYLARK 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 48 SKYLARK 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 48 SKYLARK WAY?

48 SKYLARK WAY is located in SHINFIELD, in the RG2 postcode district. The below map shows the position of No. 48 on SKYLARK WAY.