87, PITTS LANE, EARLEY, READING, RG6 1DD - £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

87 PITTS LANE is a very large extended detached house of 186m², built sometime between 1930 and 1949. It was last sold for £475,000 in November 2009, which was around 21% above the average November 2009 detached price in the Wokingham local authority area. The most recent EPC inspection was June 2015, where the current energy rating was E, and the potential energy rating was C.

87 PITTS LANE Sold Prices

Land registry data shows two sales for 87 PITTS 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 Wokingham local authority area for the corresponding sale date. One of the two 87 PITTS LANE sales was for above the average price, whilst the other was 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
2009 26 NOV	£475,000	£394,145	21% above HPI
2003 28 MAR	£267,500	£336,472	20% below HPI

87 PITTS LANE 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 87 PITTS LANE sales from March 2003 and November 2009 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 2003 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2009 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 87 PITTS LANE?

87 PITTS LANE is 186m², which includes two extensions, according to the EPC inspection conducted in June 2015. This puts it in the largest 10% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 87 PITTS LANE lies on this distribution: 90% of detached houses are smaller than 87 PITTS LANE, and 10% of houses are larger. Note that EPC data is not available for all properties in Reading.

87 PITTS LANE: Plot and Title Map

87 PITTS LANE sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 87 PITTS 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 87 PITTS 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 87 PITTS LANE?

87 PITTS LANE is located in EARLEY, in the RG6 postcode district. The below map shows the position of No. 87 on PITTS LANE.