2, CHAPEL LANE, RISELEY, READING, RG7 1QU - £492,500

2 CHAPEL LANE is a midsized extended detached house of 146m², built sometime between 1967 and 1975. It was last sold for £492,500 in February 2016, which was around 17% below the average February 2016 detached price in the Wokingham local authority area. The most recent EPC inspection was February 2013, where the current energy rating was F, and the potential energy rating was C.

2 CHAPEL LANE Sold Prices

Land registry data shows two sales for 2 CHAPEL LANE 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 2 CHAPEL LANE 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
2016 26 FEB	£492,500	£593,030	17% below HPI
2001 13 DEC	£227,500	£291,198	22% below HPI

2 CHAPEL LANE 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 2 CHAPEL LANE sales from December 2001 and February 2016 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 December 2001 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2016 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 2 CHAPEL LANE?

2 CHAPEL LANE is 146m², which includes one extension, according to the EPC inspection conducted in February 2013. This puts it in the smallest 50% of detached houses in Riseley, based on EPC data. The below chart shows the distribution of detached houses by size in Riseley, and where 2 CHAPEL LANE lies on this distribution: 46% of detached houses are smaller than 2 CHAPEL LANE, and 54% of houses are larger. Note that EPC data is not available for all properties in Riseley.

2 CHAPEL LANE: Plot and Title Map

2 CHAPEL LANE sits on a plot of roughly 0.106 of an acre, or 431m². The below map shows the location of 2 CHAPEL 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 2 CHAPEL 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 2 CHAPEL LANE?

2 CHAPEL LANE is located in RISELEY, in the RG7 postcode district. The below map shows the position of No. 2 on CHAPEL LANE.