8, CHESTERMENT WAY, LOWER EARLEY, READING, RG6 4HW - £249,950

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

8 CHESTERMENT WAY is a large extended detached house of 145m², built sometime between 1996 and 2002. It was last sold for £249,950 in June 2000, which was around 3% below the average June 2000 detached price in the Wokingham local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

8 CHESTERMENT WAY Sold Prices

Land registry data shows two sales for 8 CHESTERMENT 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 8 CHESTERMENT 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
2000 30 JUN	£249,950	£257,672	3% below HPI
1999 17 DEC	£213,000	£225,923	6% below HPI

8 CHESTERMENT 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 8 CHESTERMENT WAY sales from December 1999 and June 2000 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 December 1999 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the June 2000 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 8 CHESTERMENT WAY?

8 CHESTERMENT WAY is 145m², which includes two extensions, according to the EPC inspection conducted in September 2023. This puts it in the largest 30% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 8 CHESTERMENT WAY lies on this distribution: 71% of detached houses are smaller than 8 CHESTERMENT WAY, and 28% of houses are larger. Note that EPC data is not available for all properties in Reading.

8 CHESTERMENT WAY: Plot and Title Map

8 CHESTERMENT WAY sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 8 CHESTERMENT 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 8 CHESTERMENT 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 8 CHESTERMENT WAY?

8 CHESTERMENT WAY is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 8 on CHESTERMENT WAY.