97, MILL LANE, LOWER EARLEY, READING, RG6 3UH - £525,550

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

97 MILL LANE is a small detached house of 106m², built sometime between 1976 and 1982. It was last sold for £525,550 in May 2019, which was around 12% 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 B.

97 MILL LANE Sold Prices

Land registry data shows two sales for 97 MILL 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. Both of the two 97 MILL LANE 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 29 MAY	£525,550	£600,526	12% below HPI
1999 12 MAY	£160,000	£194,934	18% below HPI

97 MILL 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 97 MILL LANE sales from May 1999 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 May 1999 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2019 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 97 MILL LANE?

97 MILL LANE is 106m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 40% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 97 MILL LANE lies on this distribution: 35% of detached houses are smaller than 97 MILL LANE, and 64% of houses are larger. Note that EPC data is not available for all properties in Reading.

97 MILL LANE: Plot and Title Map

97 MILL LANE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 97 MILL 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 97 MILL 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 97 MILL LANE?

97 MILL LANE is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 97 on MILL LANE.