6, GROVES LEA, MORTIMER, READING, RG7 3SR - £475,000

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

6 GROVES LEA is a very small detached house of 95m², built sometime between 1991 and 1995. It was last sold for £475,000 in August 2020, which was around 15% below the average August 2020 detached price in the West Berkshire local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was C.

6 GROVES LEA Sold Prices

Land registry data shows five sales for 6 GROVES LEA since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. All of the five 6 GROVES LEA 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
2020 27 AUG	£475,000	£561,370	15% below HPI
2012 13 MAR	£322,000	£400,692	20% below HPI
2006 18 APR	£292,000	£356,689	18% below HPI
1997 7 FEB	£119,950	£136,262	12% below HPI
1996 23 FEB	£114,500	£124,540	8% below HPI

6 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 five 6 GROVES LEA sales between February 1996 and August 2020 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 March 2012 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2020 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 6 GROVES LEA?

6 GROVES LEA is 95m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 20% of detached houses in Mortimer, based on EPC data. The below chart shows the distribution of detached houses by size in Mortimer, and where 6 GROVES LEA lies on this distribution: 17% of detached houses are smaller than 6 GROVES LEA, and 83% of houses are larger. Note that EPC data is not available for all properties in Mortimer.

6 GROVES LEA: Plot and Title Map

6 GROVES LEA sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 6 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 6 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 6 GROVES LEA?

6 GROVES LEA is located in MORTIMER, in the RG7 postcode district. The below map shows the position of No. 6 on GROVES LEA.