45, ELM LANE, LOWER EARLEY, READING, RG6 5UE - £330,000

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.

45 ELM LANE is a very small extended terraced house of 52m², built sometime between 2003 and 2006, which could now be worth an estimated £360,052. It was last sold for £330,000 in May 2022, which was around 3% below the average May 2022 terraced price in the Wokingham local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

45 ELM LANE Sold Prices

Land registry data shows four sales for 45 ELM LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Wokingham local authority area for the corresponding sale date. Two of the four 45 ELM LANE sales were for below the average price, whilst one was for above 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 6 MAY	£330,000	£341,720	3% below HPI
2016 26 AUG	£315,000	£308,820	2% above HPI
2012 30 NOV	£210,000	£210,845	Close to HPI
2009 29 MAY	£175,000	£181,022	3% below HPI

45 ELM LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Wokingham local authority area over time, sourced from the HPI. The four 45 ELM LANE sales between May 2009 and May 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 August 2016 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the May 2022 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 45 ELM LANE be worth now?

45 ELM LANE might now be worth an estimated £360,052.

This is based on house price inflation of 9.1%, between May 2022 and July 2025, for terraced houses, in the Wokingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.1% inflationary increase is applied to the most recent sale price for 45 ELM LANE of £330,000 on 6th May 2022. For the value to have increased from £330,000 to £360,052 over the two years and ten months to July 2025, the following assumptions must hold true:

• The value of 45 ELM LANE has moved in line with the HPI for terraced houses in the Wokingham local authority area.
• The May 2022 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 45 ELM LANE has not materially changed since May 2022.

How Large is 45 ELM LANE?

45 ELM LANE is 52m², which includes two extensions, according to the EPC inspection conducted in June 2021. This puts it in the smallest 10% of terraced houses houses in Reading, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Reading, and where 45 ELM LANE lies on this distribution: 1% of terraced houses houses are smaller than 45 ELM LANE, and 99% of houses are larger. Note that EPC data is not available for all properties in Reading.

45 ELM LANE: Plot and Title Map

45 ELM LANE sits on a plot of roughly 0.027 of an acre, or 110m². The below map shows the location of 45 ELM 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 45 ELM 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 45 ELM LANE?

45 ELM LANE is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 45 on ELM LANE.