2, THE BEVERS, MORTIMER COMMON, READING, RG7 3SP - £235,000

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.

2 THE BEVERS is a small terraced house of 113m², built sometime between 1950 and 1966, which could now be worth an estimated £338,818. It was last sold for £235,000 in October 2014, which was around 2% above the average October 2014 terraced price in the West Berkshire local authority area. The most recent EPC inspection was January 2015, where the current energy rating was E, and the potential energy rating was B.

2 THE BEVERS Sold Prices

Land registry data shows three sales for 2 THE BEVERS 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 2 THE BEVERS 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
2014 9 OCT	£235,000	£231,099	2% above HPI
2006 5 OCT	£174,000	£190,209	9% below HPI
1997 11 APR	£51,000	£64,923	21% below HPI

2 THE BEVERS 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 2 THE BEVERS sales between April 1997 and October 2014 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 2006 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2014 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 2 THE BEVERS be worth now?

2 THE BEVERS might now be worth an estimated £338,818.

This is based on house price inflation of 44.2%, between October 2014 and April 2026, 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 44.2% inflationary increase is applied to the most recent sale price for 2 THE BEVERS of £235,000 on 9th October 2014. For the value to have increased from £235,000 to £338,818 over the twelve years and six months to April 2026, the following assumptions must hold true:

• The value of 2 THE BEVERS has moved in line with the HPI for terraced houses in the West Berkshire local authority area.
• The October 2014 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE BEVERS has not materially changed since October 2014.

How Large is 2 THE BEVERS?

2 THE BEVERS is 113m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 30% of terraced houses houses in Mortimer, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Mortimer, and where 2 THE BEVERS lies on this distribution: 24% of terraced houses houses are smaller than 2 THE BEVERS, and 76% of houses are larger. Note that EPC data is not available for all properties in Mortimer.

2 THE BEVERS: Plot and Title Map

2 THE BEVERS sits on a plot of roughly 0.032 of an acre, or 130m². The below map shows the location of 2 THE BEVERS, 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 THE BEVERS). 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 THE BEVERS?

2 THE BEVERS is located in MORTIMER COMMON, in the RG7 postcode district. The below map shows the position of No. 2 on THE BEVERS.