THE HOMESTEAD, READING ROAD, ARBORFIELD, READING, RG2 9HN - £535,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE HOMESTEAD is a small extended detached house of 167m², built sometime between 1930 and 1949. It was last sold for £535,000 in July 2012, which was around 29% above the average July 2012 detached price in the Wokingham local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was B.

THE HOMESTEAD Sold Prices

Land registry data shows two sales for THE HOMESTEAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. One of the two THE HOMESTEAD sales was for above the average price, whilst the other was 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
2012 13 JUL	£535,000	£415,229	29% above HPI
2006 16 JUN	£325,000	£365,416	11% below HPI

THE HOMESTEAD 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 two THE HOMESTEAD sales from June 2006 and July 2012 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 June 2006 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2012 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is THE HOMESTEAD?

THE HOMESTEAD is 167m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the smallest 40% of detached houses in Arborfield, based on EPC data. The below chart shows the distribution of detached houses by size in Arborfield, and where THE HOMESTEAD lies on this distribution: 39% of detached houses are smaller than THE HOMESTEAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Arborfield.

THE HOMESTEAD: Plot and Title Map

THE HOMESTEAD sits on a plot of roughly 0.271 of an acre, or 1,095m². The below map shows the location of THE HOMESTEAD, 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 HOMESTEAD). 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 HOMESTEAD?

THE HOMESTEAD is located on READING ROAD in ARBORFIELD, in the RG2 postcode district. The below map shows the position of THE HOMESTEAD on READING ROAD.