HONEYCROFT, CHURCH LANE, SHINFIELD, READING, RG2 9BY - £450,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

HONEYCROFT is a midsized detached house of 121m², built sometime between 2003 and 2006, which could now be worth an estimated £689,759. It was last sold for £450,000 in July 2014, which was around 11% below the average July 2014 detached price in the Wokingham local authority area. The most recent EPC inspection was November 2008, where the current energy rating was C, and the potential energy rating was C.

HONEYCROFT Sold Prices

Land registry data shows two sales for HONEYCROFT 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 HONEYCROFT 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
2014 18 JUL	£450,000	£506,757	11% below HPI
2009 26 MAR	£303,000	£372,757	19% below HPI

HONEYCROFT 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 HONEYCROFT sales from March 2009 and July 2014 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 2009 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2014 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might HONEYCROFT be worth now?

HONEYCROFT might now be worth an estimated £689,759.

This is based on house price inflation of 53.3%, between July 2014 and February 2025, 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 53.3% inflationary increase is applied to the most recent sale price for HONEYCROFT of £450,000 on 18th July 2014. For the value to have increased from £450,000 to £689,759 over the eleven years and five months to February 2025, the following assumptions must hold true:

• The value of HONEYCROFT has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The July 2014 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of HONEYCROFT has not materially changed since July 2014.

How Large is HONEYCROFT?

HONEYCROFT is 121m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 50% of detached houses houses in Shinfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shinfield, and where HONEYCROFT lies on this distribution: 40% of detached houses houses are smaller than HONEYCROFT, and 60% of houses are larger. Note that EPC data is not available for all properties in Shinfield.

HONEYCROFT: Plot and Title Map

HONEYCROFT sits on a plot of roughly 0.544 of an acre, or 2,201m². The below map shows the location of HONEYCROFT, 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 HONEYCROFT). 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 HONEYCROFT?

HONEYCROFT is located on CHURCH LANE in SHINFIELD, in the RG2 postcode district. The below map shows the position of HONEYCROFT on CHURCH LANE.