5, IRVINE WAY, LOWER EARLEY, READING, RG6 4JW - £570,000

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

5 IRVINE WAY is a midsized extended detached house of 126m², built sometime between 1983 and 1990. It was last sold for £570,000 in June 2019, which was around 5% below the average June 2019 detached price in the Wokingham local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

5 IRVINE WAY Sold Prices

Land registry data shows two sales for 5 IRVINE WAY 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. Both of the two 5 IRVINE 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
2019 12 JUN	£570,000	£601,656	5% below HPI
2006 14 JUL	£342,000	£368,194	7% below HPI

5 IRVINE 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 two 5 IRVINE WAY sales from July 2006 and June 2019 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 July 2006 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the June 2019 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 5 IRVINE WAY?

5 IRVINE WAY is 126m², which includes two extensions, according to the EPC inspection conducted in October 2018. This puts it in the largest 50% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 5 IRVINE WAY lies on this distribution: 57% of detached houses are smaller than 5 IRVINE WAY, and 43% of houses are larger. Note that EPC data is not available for all properties in Reading.

5 IRVINE WAY: Plot and Title Map

5 IRVINE WAY sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 5 IRVINE 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 5 IRVINE 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 5 IRVINE WAY?

5 IRVINE WAY is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 5 on IRVINE WAY.