49, GROVES LEA, MORTIMER, READING, RG7 3SS - £482,500

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

49 GROVES LEA is a midsized extended detached house of 148m², built sometime between 1991 and 1995. It was last sold for £482,500 in October 2013, which was around 11% above the average October 2013 detached price in the West Berkshire local authority area. The most recent EPC inspection was August 2010, where the current energy rating was C, and the potential energy rating was C.

49 GROVES LEA Sold Prices

Land registry data shows two sales for 49 GROVES LEA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. Both of the two 49 GROVES LEA sales were for above 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
2013 18 OCT	£482,500	£433,230	11% above HPI
2004 21 JUN	£372,500	£324,855	15% above HPI

49 GROVES LEA Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Berkshire local authority area over time, sourced from the HPI. The two 49 GROVES LEA sales from June 2004 and October 2013 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 June 2004 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the October 2013 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 49 GROVES LEA?

49 GROVES LEA is 148m², which includes one extension, according to the EPC inspection conducted in August 2010. This puts it in the largest 50% of detached houses in Mortimer, based on EPC data. The below chart shows the distribution of detached houses by size in Mortimer, and where 49 GROVES LEA lies on this distribution: 52% of detached houses are smaller than 49 GROVES LEA, and 48% of houses are larger. Note that EPC data is not available for all properties in Mortimer.

49 GROVES LEA: Plot and Title Map

49 GROVES LEA sits on a plot of roughly 0.101 of an acre, or 411m². The below map shows the location of 49 GROVES LEA, 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 49 GROVES LEA). 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 49 GROVES LEA?

49 GROVES LEA is located in MORTIMER, in the RG7 postcode district. The below map shows the position of No. 49 on GROVES LEA.