THE MEAD, CROFT ROAD, SHINFIELD, READING, RG2 9EY - £665,000

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 MEAD is a very large extended detached house of 257m², built sometime before 1900. It was last sold for £665,000 in April 2006, which was around 83% above the average April 2006 detached price in the Wokingham local authority area. The most recent EPC inspection was April 2024, where the current energy rating was E, and the potential energy rating was C.

THE MEAD Sold Prices

Land registry data shows two sales for THE MEAD 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. Both of the two THE MEAD 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
2006 7 APR	£665,000	£363,117	83% above HPI
2002 20 MAR	£410,000	£295,131	39% above HPI

THE MEAD 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 MEAD sales from March 2002 and April 2006 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 March 2002 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the April 2006 sale, where it rises to 83% above the HPI. The line then continues to track at 83% above the HPI.

How Large is THE MEAD?

THE MEAD is 257m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the largest 10% of detached houses in Spencers Wood, based on EPC data. The below chart shows the distribution of detached houses by size in Spencers Wood, and where THE MEAD lies on this distribution: 98% of detached houses are smaller than THE MEAD, and 2% of houses are larger. Note that EPC data is not available for all properties in Spencers Wood.

THE MEAD: Plot and Title Map

THE MEAD sits on a plot of roughly 0.318 of an acre, or 1,287m². The below map shows the location of THE MEAD, 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 MEAD). 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 MEAD?

THE MEAD is located on CROFT ROAD in SHINFIELD, in the RG2 postcode district. The below map shows the position of THE MEAD on CROFT ROAD.