16, MEADOW WAY, THEALE, READING, RG7 4AX - £300,000

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.

16 MEADOW WAY is a very small terraced house of 77m², built sometime between 1967 and 1975, which could now be worth an estimated £338,018. It was last sold for £300,000 in June 2021, which was around 5% above the average June 2021 terraced price in the West Berkshire local authority area. The most recent EPC inspection was January 2013, where the current energy rating was C, and the potential energy rating was B.

16 MEADOW WAY Sold Prices

Land registry data shows three sales for 16 MEADOW WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the West Berkshire local authority area for the corresponding sale date. One of the three 16 MEADOW WAY 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
2021 30 JUN	£300,000	£286,639	5% above HPI
2013 22 MAR	£140,000	£194,493	28% below HPI
1999 12 AUG	£81,500	£88,670	8% below HPI

16 MEADOW WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the West Berkshire local authority area over time, sourced from the HPI. The three 16 MEADOW WAY sales between August 1999 and June 2021 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 2013 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2021 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 16 MEADOW WAY be worth now?

16 MEADOW WAY might now be worth an estimated £338,018.

This is based on house price inflation of 12.7%, between June 2021 and June 2025, for terraced houses, in the West Berkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.7% inflationary increase is applied to the most recent sale price for 16 MEADOW WAY of £300,000 on 30th June 2021. For the value to have increased from £300,000 to £338,018 over the four years to June 2025, the following assumptions must hold true:

• The value of 16 MEADOW WAY has moved in line with the HPI for terraced houses in the West Berkshire local authority area.
• The June 2021 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 16 MEADOW WAY has not materially changed since June 2021.

How Large is 16 MEADOW WAY?

16 MEADOW WAY is 77m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 20% of terraced houses houses in Theale, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Theale, and where 16 MEADOW WAY lies on this distribution: 15% of terraced houses houses are smaller than 16 MEADOW WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Theale.

16 MEADOW WAY: Plot and Title Map

16 MEADOW WAY sits on a plot of roughly 0.031 of an acre, or 125m². The below map shows the location of 16 MEADOW WAY, 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 16 MEADOW WAY). 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 16 MEADOW WAY?

16 MEADOW WAY is located in THEALE, in the RG7 postcode district. The below map shows the position of No. 16 on MEADOW WAY.