17, CHESTERMENT WAY, LOWER EARLEY, READING, RG6 4HW - £340,000

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.

17 CHESTERMENT WAY is a very small terraced house of 69m², built sometime between 1996 and 2002, which could now be worth an estimated £411,410. It was last sold for £340,000 in May 2020, which was around 10% above the average May 2020 terraced price in the Wokingham local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

17 CHESTERMENT WAY Sold Prices

Land registry data shows five sales for 17 CHESTERMENT WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Wokingham local authority area for the corresponding sale date. All of the five 17 CHESTERMENT WAY 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 29 MAY	£340,000	£308,124	10% above HPI
2006 13 JUL	£208,000	£189,905	10% above HPI
2002 3 MAY	£164,000	£140,082	17% above HPI
2002 1 MAR	£162,500	£136,987	19% above HPI
1998 20 NOV	£108,500	£87,185	24% above HPI

17 CHESTERMENT WAY 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 five 17 CHESTERMENT WAY sales between November 1998 and May 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 July 2006 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the May 2020 sale, which was also at 10% above the HPI.

What might 17 CHESTERMENT WAY be worth now?

17 CHESTERMENT WAY might now be worth an estimated £411,410.

This is based on house price inflation of 21%, between May 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 21% inflationary increase is applied to the most recent sale price for 17 CHESTERMENT WAY of £340,000 on 29th May 2020. For the value to have increased from £340,000 to £411,410 over the four years and ten months to July 2025, the following assumptions must hold true:

• The value of 17 CHESTERMENT WAY has moved in line with the HPI for terraced houses in the Wokingham local authority area.
• The May 2020 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 17 CHESTERMENT WAY has not materially changed since May 2020.

How Large is 17 CHESTERMENT WAY?

17 CHESTERMENT WAY is 69m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 10% 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 17 CHESTERMENT WAY lies on this distribution: 5% of terraced houses houses are smaller than 17 CHESTERMENT WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Reading.

17 CHESTERMENT WAY: Plot and Title Map

17 CHESTERMENT WAY sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 17 CHESTERMENT 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 17 CHESTERMENT 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 17 CHESTERMENT WAY?

17 CHESTERMENT WAY is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 17 on CHESTERMENT WAY.