18, MEASHAM WAY, LOWER EARLEY, READING, RG6 4ES - £297,000

18 MEASHAM WAY is a very small detached house of 78m², built sometime between 1983 and 1990. It was last sold for £297,000 in April 2008, which was around 29% below the average April 2008 detached price in the Wokingham local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

18 MEASHAM WAY Sold Prices

Land registry data shows three sales for 18 MEASHAM WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the three 18 MEASHAM WAY 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
2008 14 APR	£297,000	£416,267	29% below HPI
2004 29 OCT	£239,000	£350,941	32% below HPI
2002 21 JAN	£182,950	£294,972	38% below HPI

18 MEASHAM WAY 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 three 18 MEASHAM WAY sales between January 2002 and April 2008 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 2004 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the April 2008 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 18 MEASHAM WAY?

18 MEASHAM WAY is 78m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 20% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 18 MEASHAM WAY lies on this distribution: 10% of detached houses are smaller than 18 MEASHAM WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Reading.

18 MEASHAM WAY: Plot and Title Map

18 MEASHAM WAY sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 18 MEASHAM 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 18 MEASHAM 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 18 MEASHAM WAY?

18 MEASHAM WAY is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 18 on MEASHAM WAY.