29, GROVES LEA, MORTIMER, READING, RG7 3SS - £318,000

29 GROVES LEA is a very small detached house of 101m², built sometime between 1991 and 1995. It was last sold for £318,000 in July 2010, which was around 19% below the average July 2010 detached price in the West Berkshire local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was D.

29 GROVES LEA Sold Prices

Land registry data shows six sales for 29 GROVES LEA since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. All of the six 29 GROVES LEA 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
2010 27 JUL	£318,000	£392,384	19% below HPI
2004 18 MAR	£259,361	£328,287	21% below HPI
1999 29 JUL	£172,500	£190,408	9% below HPI
1997 26 SEP	£148,000	£157,094	6% below HPI
1995 31 MAR	£109,000	£124,653	13% below HPI
1995 14 FEB	£109,000	£126,402	14% below HPI

29 GROVES LEA Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Berkshire local authority area over time, sourced from the HPI. The six 29 GROVES LEA sales between February 1995 and July 2010 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 2004 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2010 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 29 GROVES LEA?

29 GROVES LEA is 101m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 20% of detached houses in Mortimer, based on EPC data. The below chart shows the distribution of detached houses by size in Mortimer, and where 29 GROVES LEA lies on this distribution: 19% of detached houses are smaller than 29 GROVES LEA, and 81% of houses are larger. Note that EPC data is not available for all properties in Mortimer.

29 GROVES LEA: Plot and Title Map

29 GROVES LEA sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 29 GROVES LEA, 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 29 GROVES LEA). 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 29 GROVES LEA?

29 GROVES LEA is located in MORTIMER, in the RG7 postcode district. The below map shows the position of No. 29 on GROVES LEA.