OAKFIELD COTTAGE, THE STREET, MORTIMER, READING, RG7 3NR - £480,000

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

OAKFIELD COTTAGE is a very small detached house of 115m², built sometime between 1900 and 1929. It was last sold for £480,000 in December 2009, which was around 29% above the average December 2009 detached price in the West Berkshire local authority area. The most recent EPC inspection was October 2009, where the current energy rating was F, and the potential energy rating was F.

OAKFIELD COTTAGE Sold Prices

Land registry data shows two sales for OAKFIELD COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. Both of the two OAKFIELD COTTAGE 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
2009 11 DEC	£480,000	£371,999	29% above HPI
1997 11 APR	£169,950	£140,738	21% above HPI

OAKFIELD COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Berkshire local authority area over time, sourced from the HPI. The two OAKFIELD COTTAGE sales from April 1997 and December 2009 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 April 1997 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the December 2009 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is OAKFIELD COTTAGE?

OAKFIELD COTTAGE is 115m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 20% of detached houses in Stratfield Mortimer, based on EPC data. The below chart shows the distribution of detached houses by size in Stratfield Mortimer, and where OAKFIELD COTTAGE lies on this distribution: 17% of detached houses are smaller than OAKFIELD COTTAGE, and 83% of houses are larger. Note that EPC data is not available for all properties in Stratfield Mortimer.

OAKFIELD COTTAGE: Plot and Title Map

OAKFIELD COTTAGE sits on a plot of roughly 0.239 of an acre, or 967m². The below map shows the location of OAKFIELD COTTAGE, 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 OAKFIELD COTTAGE). 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 OAKFIELD COTTAGE?

OAKFIELD COTTAGE is located on THE STREET in MORTIMER, in the RG7 postcode district. The below map shows the position of OAKFIELD COTTAGE on THE STREET.