THE ORCHARD, SWALLOWFIELD STREET, SWALLOWFIELD, READING, RG7 1QX - £765,000

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 ORCHARD is a midsized extended detached house of 162m², built sometime between 1950 and 1966. It was last sold for £765,000 in January 2024, which was around 7% above the average January 2024 detached price in the Wokingham local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was C.

THE ORCHARD Sold Prices

Land registry data shows three sales for THE ORCHARD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. One of the three THE ORCHARD sales was for above the average price, whilst two were 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
2024 30 JAN	£765,000	£714,004	7% above HPI
2019 6 DEC	£530,000	£624,518	15% below HPI
2017 12 DEC	£585,000	£620,790	6% below HPI

THE ORCHARD 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 three THE ORCHARD sales between December 2017 and January 2024 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 December 2019 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the January 2024 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is THE ORCHARD?

THE ORCHARD is 162m², which includes two extensions, according to the EPC inspection conducted in April 2023. This puts it in the largest 50% of detached houses in Swallowfield, based on EPC data. The below chart shows the distribution of detached houses by size in Swallowfield, and where THE ORCHARD lies on this distribution: 50% of detached houses are smaller than THE ORCHARD, and 50% of houses are larger. Note that EPC data is not available for all properties in Swallowfield.

THE ORCHARD: Plot and Title Map

THE ORCHARD sits on a plot of roughly 0.192 of an acre, or 779m². The below map shows the location of THE ORCHARD, 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 ORCHARD). 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 ORCHARD?

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