4, WESTMINSTER WAY, LOWER EARLEY, READING, RG6 4BX - £515,000

4 WESTMINSTER WAY is a small extended detached house of 108m², built sometime between 1983 and 1990. It was last sold for £515,000 in March 2019, which was around 14% below the average March 2019 detached price in the Wokingham local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

4 WESTMINSTER WAY Sold Prices

Land registry data shows two sales for 4 WESTMINSTER WAY 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 4 WESTMINSTER 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
2019 12 MAR	£515,000	£601,839	14% below HPI
2004 22 NOV	£312,000	£350,380	11% below HPI

4 WESTMINSTER 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 two 4 WESTMINSTER WAY sales from November 2004 and March 2019 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 November 2004 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the March 2019 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 4 WESTMINSTER WAY?

4 WESTMINSTER WAY is 108m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the smallest 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 4 WESTMINSTER WAY lies on this distribution: 37% of detached houses are smaller than 4 WESTMINSTER WAY, and 62% of houses are larger. Note that EPC data is not available for all properties in Reading.

4 WESTMINSTER WAY: Plot and Title Map

4 WESTMINSTER WAY sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 4 WESTMINSTER 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 4 WESTMINSTER 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 4 WESTMINSTER WAY?

4 WESTMINSTER WAY is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 4 on WESTMINSTER WAY.