MYNET HOUSE, LITTLE LONDON ROAD, SILCHESTER, READING, RG7 2PR - £1,400,000

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.

MYNET HOUSE is a very large extended detached house of 231m², built sometime between 1967 and 1975, which could now be worth an estimated £1,400,118. It was last sold for £1,400,000 in August 2023, which was around 119% above the average August 2023 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was C.

MYNET HOUSE Sold Prices

Land registry data shows two sales for MYNET HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Basingstoke and Deane local authority area for the corresponding sale date. Both of the two MYNET HOUSE 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
2023 10 AUG	£1,400,000	£640,063	119% above HPI
1996 8 NOV	£250,000	£131,219	91% above HPI

MYNET HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Basingstoke and Deane local authority area over time, sourced from the HPI. The two MYNET HOUSE sales from November 1996 and August 2023 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 November 1996 sale was for 91% above the HPI. So the extrapolation line tracks at 91% above the HPI over time, until the August 2023 sale, where it rises to 119% above the HPI. The line then continues to track at 119% above the HPI.

What might MYNET HOUSE be worth now?

MYNET HOUSE might now be worth an estimated £1,400,118.

This is based on house price inflation of 0%, between August 2023 and February 2025, for detached houses, in the Basingstoke and Deane local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0% inflationary increase is applied to the most recent sale price for MYNET HOUSE of £1,400,000 on 10th August 2023. For the value to have increased from £1,400,000 to £1,400,118 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of MYNET HOUSE has moved in line with the HPI for detached houses in the Basingstoke and Deane local authority area.
• The August 2023 sale price of £1,400,000 represented a fair market value for the property.
• The size, condition, and specification of MYNET HOUSE has not materially changed since August 2023.

How Large is MYNET HOUSE?

MYNET HOUSE is 231m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the largest 20% of detached houses houses in Silchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Silchester, and where MYNET HOUSE lies on this distribution: 87% of detached houses houses are smaller than MYNET HOUSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Silchester.

MYNET HOUSE: Plot and Title Map

MYNET HOUSE sits on a plot of roughly 0.373 of an acre, or 1,511m². The below map shows the location of MYNET HOUSE, 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 MYNET HOUSE). 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 MYNET HOUSE?

MYNET HOUSE is located on LITTLE LONDON ROAD in SILCHESTER, in the RG7 postcode district. The below map shows the position of MYNET HOUSE on LITTLE LONDON ROAD.