41, MILL LANE, EARLEY, READING, RG6 7JF - £490,000

41 MILL LANE is a midsized extended detached house of 125m², built sometime between 1950 and 1966. It was last sold for £490,000 in August 2018, which was around 22% below the average August 2018 detached price in the Wokingham local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

41 MILL LANE Sold Prices

Land registry data shows two sales for 41 MILL 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 41 MILL 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
2018 8 AUG	£490,000	£626,718	22% below HPI
2001 11 MAY	£142,500	£264,140	46% below HPI

41 MILL 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 41 MILL LANE sales from May 2001 and August 2018 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 May 2001 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the August 2018 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 41 MILL LANE?

41 MILL LANE is 125m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the largest 50% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 41 MILL LANE lies on this distribution: 56% of detached houses are smaller than 41 MILL LANE, and 43% of houses are larger. Note that EPC data is not available for all properties in Reading.

41 MILL LANE: Plot and Title Map

41 MILL LANE sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 41 MILL 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 41 MILL 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 41 MILL LANE?

41 MILL LANE is located in EARLEY, in the RG6 postcode district. The below map shows the position of No. 41 on MILL LANE.