WESTWARD HO, MILLWORTH LANE, SHINFIELD, READING, RG2 9EN - £293,000

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

WESTWARD HO is a very small detached house of 85m², built sometime between 1950 and 1966. It was last sold for £293,000 in June 2011, which was around 30% below the average June 2011 detached price in the Wokingham local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was C.

WESTWARD HO Sold Prices

Land registry data shows two sales for WESTWARD HO 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 WESTWARD HO 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
2011 24 JUN	£293,000	£416,977	30% below HPI
2002 22 OCT	£195,000	£321,618	39% below HPI

WESTWARD HO 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 WESTWARD HO sales from October 2002 and June 2011 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 October 2002 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the June 2011 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is WESTWARD HO?

WESTWARD HO is 85m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 10% of detached houses in Shinfield, based on EPC data. The below chart shows the distribution of detached houses by size in Shinfield, and where WESTWARD HO lies on this distribution: 5% of detached houses are smaller than WESTWARD HO, and 95% of houses are larger. Note that EPC data is not available for all properties in Shinfield.

WESTWARD HO: Plot and Title Map

WESTWARD HO sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of WESTWARD HO, 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 WESTWARD HO). 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 WESTWARD HO?

WESTWARD HO is located on MILLWORTH LANE in SHINFIELD, in the RG2 postcode district. The below map shows the position of WESTWARD HO on MILLWORTH LANE.