49, MITCHELL WAY, WOODLEY, READING, RG5 4NQ - £475,000

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

49 MITCHELL WAY is a very small detached house of 89m², which could now be worth an estimated £529,631. It was last sold for £475,000 in October 2021, which was around 31% below the average October 2021 detached price in the Wokingham local authority area. The most recent EPC inspection was November 2009, where the current energy rating was D, and the potential energy rating was C.

49 MITCHELL WAY Sold Prices

Land registry data shows five sales for 49 MITCHELL WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the five 49 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
2021 4 OCT	£475,000	£690,288	31% below HPI
2017 5 SEP	£435,100	£651,049	33% below HPI
2012 28 SEP	£270,000	£438,889	38% below HPI
2004 4 JUN	£237,000	£348,415	32% below HPI
1999 10 NOV	£145,000	£227,136	36% below HPI

49 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 five 49 MITCHELL WAY sales between November 1999 and October 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 September 2017 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the October 2021 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 49 MITCHELL WAY be worth now?

49 MITCHELL WAY might now be worth an estimated £529,631.

This is based on house price inflation of 11.5%, between October 2021 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 11.5% inflationary increase is applied to the most recent sale price for 49 MITCHELL WAY of £475,000 on 4th October 2021. For the value to have increased from £475,000 to £529,631 over the two years and ten months to December 2024, the following assumptions must hold true:

• The value of 49 MITCHELL WAY has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The October 2021 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 49 MITCHELL WAY has not materially changed since October 2021.

How Large is 49 MITCHELL WAY?

49 MITCHELL WAY is 89m² according to the EPC inspection conducted in November 2009. This puts it in the smallest 20% of detached houses houses in Woodley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woodley, and where 49 MITCHELL WAY lies on this distribution: 20% of detached houses houses are smaller than 49 MITCHELL WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Woodley.

49 MITCHELL WAY: Plot and Title Map

49 MITCHELL WAY sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 49 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 49 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 49 MITCHELL WAY?

49 MITCHELL WAY is located in WOODLEY, in the RG5 postcode district. The below map shows the position of No. 49 on MITCHELL WAY.