7, MORTONS LANE, UPPER BUCKLEBURY, READING, RG7 6QQ - £550,000

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

7 MORTONS LANE is a midsized extended detached house of 148m², built sometime between 2003 and 2006. It was last sold for £550,000 in January 2015, which was around 15% above the average January 2015 detached price in the West Berkshire local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

7 MORTONS LANE Sold Prices

Land registry data shows two sales for 7 MORTONS LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. Both of the two 7 MORTONS LANE sales were for above 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
2015 23 JAN	£550,000	£479,438	15% above HPI
2006 8 SEP	£430,000	£371,650	16% above HPI

7 MORTONS LANE 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 two 7 MORTONS LANE sales from September 2006 and January 2015 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 2006 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the January 2015 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 7 MORTONS LANE?

7 MORTONS LANE is 148m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the largest 50% of detached houses in Upper Bucklebury, based on EPC data. The below chart shows the distribution of detached houses by size in Upper Bucklebury, and where 7 MORTONS LANE lies on this distribution: 50% of detached houses are smaller than 7 MORTONS LANE, and 49% of houses are larger. Note that EPC data is not available for all properties in Upper Bucklebury.

7 MORTONS LANE: Plot and Title Map

7 MORTONS LANE sits on a plot of roughly 0.194 of an acre, or 787m². The below map shows the location of 7 MORTONS LANE, 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 7 MORTONS LANE). 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 7 MORTONS LANE?

7 MORTONS LANE is located in UPPER BUCKLEBURY, in the RG7 postcode district. The below map shows the position of No. 7 on MORTONS LANE.