5, MITCHELL WAY, WOODLEY, READING, RG5 4NQ - £349,950

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 MITCHELL WAY is a midsized extended detached house of 117m², built sometime between 1983 and 1990. It was last sold for £349,950 in August 2012, which was around 16% below the average August 2012 detached price in the Wokingham local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.

5 MITCHELL WAY Sold Prices

Land registry data shows three sales for 5 MITCHELL 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 5 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
2012 31 AUG	£349,950	£418,221	16% below HPI
2004 18 JUN	£289,950	£337,914	14% below HPI
2003 30 MAY	£270,500	£330,700	18% below HPI

5 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 three 5 MITCHELL WAY sales between May 2003 and August 2012 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 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2012 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 5 MITCHELL WAY?

5 MITCHELL WAY is 117m², which includes one extension, according to the EPC inspection conducted in August 2011. This puts it in the largest 50% of detached houses in Woodley, based on EPC data. The below chart shows the distribution of detached houses by size in Woodley, and where 5 MITCHELL WAY lies on this distribution: 52% of detached houses are smaller than 5 MITCHELL WAY, and 48% of houses are larger. Note that EPC data is not available for all properties in Woodley.

5 MITCHELL WAY: Plot and Title Map

5 MITCHELL WAY sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 5 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 5 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 5 MITCHELL WAY?

5 MITCHELL WAY is located in WOODLEY, in the RG5 postcode district. The below map shows the position of No. 5 on MITCHELL WAY.