6, MEASHAM WAY, LOWER EARLEY, READING, RG6 4ES - £635,000

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 MEASHAM WAY is a very small extended detached house of 91m², built sometime between 1983 and 1990. It was last sold for £635,000 in March 2023, which was around 14% below the average March 2023 detached price in the Wokingham local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

6 MEASHAM WAY Sold Prices

Land registry data shows four sales for 6 MEASHAM WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the four 6 MEASHAM 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
2023 23 MAR	£635,000	£741,015	14% below HPI
2016 20 JUL	£485,000	£611,354	21% below HPI
2015 15 OCT	£455,000	£580,875	22% below HPI
2006 13 APR	£288,000	£363,117	21% below HPI

6 MEASHAM 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 four 6 MEASHAM WAY sales between April 2006 and March 2023 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 2016 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the March 2023 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 6 MEASHAM WAY?

6 MEASHAM WAY is 91m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 20% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 6 MEASHAM WAY lies on this distribution: 20% of detached houses are smaller than 6 MEASHAM WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Reading.

6 MEASHAM WAY: Plot and Title Map

6 MEASHAM WAY sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 6 MEASHAM 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 6 MEASHAM 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 6 MEASHAM WAY?

6 MEASHAM WAY is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 6 on MEASHAM WAY.