11, CULVER LANE, EARLEY, READING, RG6 1DU - £357,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

11 CULVER LANE is a very small terraced house of 80m², built sometime between 1991 and 1995, which could now be worth an estimated £436,710. It was last sold for £357,000 in July 2020, which was around 17% above the average July 2020 terraced price in the Wokingham local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

11 CULVER LANE Sold Prices

Land registry data shows three sales for 11 CULVER LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Wokingham local authority area for the corresponding sale date. All of the three 11 CULVER LANE 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
2020 24 JUL	£357,000	£304,787	17% above HPI
2010 15 OCT	£246,000	£207,537	19% above HPI
1995 1 AUG	£82,000	£62,901	30% above HPI

11 CULVER LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Wokingham local authority area over time, sourced from the HPI. The three 11 CULVER LANE sales between August 1995 and July 2020 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 2010 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the July 2020 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 11 CULVER LANE be worth now?

11 CULVER LANE might now be worth an estimated £436,710.

This is based on house price inflation of 22.3%, between July 2020 and July 2025, for terraced houses, in the Wokingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.3% inflationary increase is applied to the most recent sale price for 11 CULVER LANE of £357,000 on 24th July 2020. For the value to have increased from £357,000 to £436,710 over the five years to July 2025, the following assumptions must hold true:

• The value of 11 CULVER LANE has moved in line with the HPI for terraced houses in the Wokingham local authority area.
• The July 2020 sale price of £357,000 represented a fair market value for the property.
• The size, condition, and specification of 11 CULVER LANE has not materially changed since July 2020.

How Large is 11 CULVER LANE?

11 CULVER LANE is 80m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 20% of terraced houses houses in Reading, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Reading, and where 11 CULVER LANE lies on this distribution: 11% of terraced houses houses are smaller than 11 CULVER LANE, and 89% of houses are larger. Note that EPC data is not available for all properties in Reading.

11 CULVER LANE: Plot and Title Map

11 CULVER LANE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 11 CULVER LANE, 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 11 CULVER LANE). 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 11 CULVER LANE?

11 CULVER LANE is located in EARLEY, in the RG6 postcode district. The below map shows the position of No. 11 on CULVER LANE.