38, STRAND WAY, LOWER EARLEY, READING, RG6 4BU - £666,000

38 STRAND WAY is a large extended detached house of 134m², built sometime between 1991 and 1995. It was last sold for £666,000 in October 2022, which was around 15% below the average October 2022 detached price in the Wokingham local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

38 STRAND WAY Sold Prices

Land registry data shows four sales for 38 STRAND WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the four 38 STRAND 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
2022 31 OCT	£666,000	£782,320	15% below HPI
2021 30 JUN	£610,000	£676,164	10% below HPI
2005 15 JUN	£335,000	£349,229	4% below HPI
2003 7 MAR	£298,450	£336,472	11% below HPI

38 STRAND 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 four 38 STRAND WAY sales between March 2003 and October 2022 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 June 2021 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2022 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 38 STRAND WAY?

38 STRAND WAY is 134m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 40% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 38 STRAND WAY lies on this distribution: 64% of detached houses are smaller than 38 STRAND WAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Reading.

38 STRAND WAY: Plot and Title Map

38 STRAND WAY sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 38 STRAND 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 38 STRAND 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 38 STRAND WAY?

38 STRAND WAY is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 38 on STRAND WAY.