PIPPINS, THE STREET, MORTIMER, READING, RG7 3PE - £735,000

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

PIPPINS is a small extended detached house of 136m², built sometime between 1976 and 1982. It was last sold for £735,000 in March 2020, which was around 31% above the average March 2020 detached price in the West Berkshire local authority area. The most recent EPC inspection was January 2015, where the current energy rating was E, and the potential energy rating was C.

PIPPINS Sold Prices

Land registry data shows three sales for PIPPINS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. All of the three PIPPINS 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
2020 5 MAR	£735,000	£562,175	31% above HPI
2014 23 MAY	£487,500	£447,943	9% above HPI
2002 8 JAN	£330,000	£278,019	19% above HPI

PIPPINS 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 three PIPPINS sales between January 2002 and March 2020 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 2014 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the March 2020 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is PIPPINS?

PIPPINS is 136m², which includes one extension, according to the EPC inspection conducted in January 2015. 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 PIPPINS lies on this distribution: 20% of detached houses are smaller than PIPPINS, and 80% of houses are larger. Note that EPC data is not available for all properties in Stratfield Mortimer.

PIPPINS: Plot and Title Map

PIPPINS sits on a plot of roughly 0.177 of an acre, or 717m². The below map shows the location of PIPPINS, 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 PIPPINS). 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 PIPPINS?

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