ARAUCARIA, ELM LANE, LOWER EARLEY, READING, RG6 5UQ - £612,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

ARAUCARIA is a midsized detached house of 128m², built sometime between 1983 and 1990, which could now be worth an estimated £730,941. It was last sold for £612,500 in March 2021, which was around 5% below the average March 2021 detached price in the Wokingham local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

ARAUCARIA Sold Prices

Land registry data shows two sales for ARAUCARIA 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 ARAUCARIA 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
2021 9 MAR	£612,500	£644,962	5% below HPI
1995 31 MAY	£119,000	£133,505	11% below HPI

ARAUCARIA 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 ARAUCARIA sales from May 1995 and March 2021 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 1995 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the March 2021 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might ARAUCARIA be worth now?

ARAUCARIA might now be worth an estimated £730,941.

This is based on house price inflation of 19.3%, between March 2021 and December 2024, for detached houses, in the Wokingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.3% inflationary increase is applied to the most recent sale price for ARAUCARIA of £612,500 on 9th March 2021. For the value to have increased from £612,500 to £730,941 over the two years and three months to December 2024, the following assumptions must hold true:

• The value of ARAUCARIA has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The March 2021 sale price of £612,500 represented a fair market value for the property.
• The size, condition, and specification of ARAUCARIA has not materially changed since March 2021.

How Large is ARAUCARIA?

ARAUCARIA is 128m² according to the EPC inspection conducted in June 2019. This puts it in the largest 50% of detached houses houses in Reading, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reading, and where ARAUCARIA lies on this distribution: 58% of detached houses houses are smaller than ARAUCARIA, and 41% of houses are larger. Note that EPC data is not available for all properties in Reading.

ARAUCARIA: Plot and Title Map

ARAUCARIA sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of ARAUCARIA, 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 ARAUCARIA). 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 ARAUCARIA?

ARAUCARIA is located on ELM LANE in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of ARAUCARIA on ELM LANE.