THE FRITH, DRURY LANE, MORTIMER COMMON, READING, RG7 2JL - £740,000

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

THE FRITH is a large detached house of 164m², built sometime between 1930 and 1949. It was last sold for £740,000 in November 2019, which was around 30% above the average November 2019 detached price in the West Berkshire local authority area. The most recent EPC inspection was November 2018, where the current energy rating was E, and the potential energy rating was D.

THE FRITH Sold Prices

Land registry data shows two sales for THE FRITH 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 THE FRITH 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
2019 25 NOV	£740,000	£568,745	30% above HPI
2015 7 APR	£687,000	£486,735	41% above HPI

THE FRITH 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 THE FRITH sales from April 2015 and November 2019 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 2015 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the November 2019 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is THE FRITH?

THE FRITH is 164m² according to the EPC inspection conducted in November 2018. This puts it in the largest 40% of detached houses in Mortimer, based on EPC data. The below chart shows the distribution of detached houses by size in Mortimer, and where THE FRITH lies on this distribution: 63% of detached houses are smaller than THE FRITH, and 37% of houses are larger. Note that EPC data is not available for all properties in Mortimer.

THE FRITH: Plot and Title Map

THE FRITH sits on a plot of roughly 0.219 of an acre, or 888m². The below map shows the location of THE FRITH, 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 THE FRITH). 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 THE FRITH?

THE FRITH is located on DRURY LANE in MORTIMER COMMON, in the RG7 postcode district. The below map shows the position of THE FRITH on DRURY LANE.