MEADOWSIDE, RUSSETT CLOSE, RISELEY, READING, RG7 1SF - £850,000

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.

MEADOWSIDE is a very large extended detached house of 213m², built sometime between 1983 and 1990, which could now be worth an estimated £1,023,692. It was last sold for £850,000 in March 2021, which was around 32% above the average March 2021 detached price in the Wokingham local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was C.

MEADOWSIDE Sold Prices

Land registry data shows three sales for MEADOWSIDE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the three MEADOWSIDE sales were for above 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 4 MAR	£850,000	£644,962	32% above HPI
2002 21 JUN	£498,750	£308,808	62% above HPI
1998 7 OCT	£322,000	£192,847	67% above HPI

MEADOWSIDE 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 three MEADOWSIDE sales between October 1998 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 June 2002 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the March 2021 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might MEADOWSIDE be worth now?

MEADOWSIDE might now be worth an estimated £1,023,692.

This is based on house price inflation of 20.4%, between March 2021 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 20.4% inflationary increase is applied to the most recent sale price for MEADOWSIDE of £850,000 on 4th March 2021. For the value to have increased from £850,000 to £1,023,692 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of MEADOWSIDE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The March 2021 sale price of £850,000 represented a fair market value for the property.
• The size, condition, and specification of MEADOWSIDE has not materially changed since March 2021.

How Large is MEADOWSIDE?

MEADOWSIDE is 213m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the largest 10% of detached houses houses in Riseley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Riseley, and where MEADOWSIDE lies on this distribution: 91% of detached houses houses are smaller than MEADOWSIDE, and 9% of houses are larger. Note that EPC data is not available for all properties in Riseley.

MEADOWSIDE: Plot and Title Map

MEADOWSIDE sits on a plot of roughly 0.197 of an acre, or 799m². The below map shows the location of MEADOWSIDE, 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 MEADOWSIDE). 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 MEADOWSIDE?

MEADOWSIDE is located on RUSSETT CLOSE in RISELEY, in the RG7 postcode district. The below map shows the position of MEADOWSIDE on RUSSETT CLOSE.