THE SWALLOWS, ELM LANE, LOWER EARLEY, READING, RG6 5UQ - £255,000

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 SWALLOWS is a large extended detached house of 133m², built sometime between 1983 and 1990. It was last sold for £255,000 in July 2001, which was around 6% below the average July 2001 detached price in the Wokingham local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

THE SWALLOWS Sold Prices

Land registry data shows two sales for THE SWALLOWS 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 SWALLOWS sales 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
2001 11 JUL	£255,000	£271,170	6% below HPI
1995 5 MAY	£117,000	£129,481	10% below HPI

THE SWALLOWS 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 SWALLOWS sales from May 1995 and July 2001 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 1995 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2001 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is THE SWALLOWS?

THE SWALLOWS is 133m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the largest 40% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where THE SWALLOWS lies on this distribution: 62% of detached houses are smaller than THE SWALLOWS, and 37% of houses are larger. Note that EPC data is not available for all properties in Reading.

THE SWALLOWS: Plot and Title Map

THE SWALLOWS sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of THE SWALLOWS, 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 SWALLOWS). 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 SWALLOWS?

THE SWALLOWS is located on ELM LANE in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of THE SWALLOWS on ELM LANE.