NORTHVIEW, NORTON ROAD, RISELEY, READING, RG7 1SH - £602,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

NORTHVIEW is a large detached house of 175m². It was last sold for £602,500 in September 2021, which was around 9% below the average September 2021 detached price in the Wokingham local authority area. The most recent EPC inspection was April 2018, where the current energy rating was B, and the potential energy rating was A.

NORTHVIEW Sold Prices

Land registry data shows three sales for NORTHVIEW 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 NORTHVIEW 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 28 SEP	£602,500	£662,919	9% below HPI
2017 12 MAY	£490,000	£613,197	20% below HPI
2014 18 DEC	£410,000	£513,096	20% below HPI

NORTHVIEW 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 NORTHVIEW sales between December 2014 and September 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 2017 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2021 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is NORTHVIEW?

NORTHVIEW is 175m² according to the EPC inspection conducted in April 2018. This puts it in the largest 30% of detached houses in Riseley, based on EPC data. The below chart shows the distribution of detached houses by size in Riseley, and where NORTHVIEW lies on this distribution: 75% of detached houses are smaller than NORTHVIEW, and 23% of houses are larger. Note that EPC data is not available for all properties in Riseley.

NORTHVIEW: Plot and Title Map

NORTHVIEW sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of NORTHVIEW, 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 NORTHVIEW). 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 NORTHVIEW?

NORTHVIEW is located on NORTON ROAD in RISELEY, in the RG7 postcode district. The below map shows the position of NORTHVIEW on NORTON ROAD.