8, LANE END CLOSE, SHINFIELD, READING, RG2 9AS - £565,000

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

8 LANE END CLOSE is a small extended detached house of 104m², built sometime between 1967 and 1975. It was last sold for £565,000 in May 2019, which was around 6% below the average May 2019 detached price in the Wokingham local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was C.

8 LANE END CLOSE Sold Prices

Land registry data shows two sales for 8 LANE END CLOSE 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 LANE END CLOSE 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
2019 2 MAY	£565,000	£600,526	6% below HPI
2018 5 OCT	£395,000	£630,352	37% below HPI

8 LANE END CLOSE 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 LANE END CLOSE sales from October 2018 and May 2019 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 October 2018 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the May 2019 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 8 LANE END CLOSE?

8 LANE END CLOSE is 104m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the smallest 30% of detached houses in Shinfield, based on EPC data. The below chart shows the distribution of detached houses by size in Shinfield, and where 8 LANE END CLOSE lies on this distribution: 21% of detached houses are smaller than 8 LANE END CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Shinfield.

8 LANE END CLOSE: Plot and Title Map

8 LANE END CLOSE sits on a plot of roughly 0.163 of an acre, or 660m². The below map shows the location of 8 LANE END CLOSE, 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 LANE END CLOSE). 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 LANE END CLOSE?

8 LANE END CLOSE is located in SHINFIELD, in the RG2 postcode district. The below map shows the position of No. 8 on LANE END CLOSE.