5, GROVES LEA, MORTIMER, READING, RG7 3SS - £295,000

5 GROVES LEA is a small extended detached house of 126m², built sometime between 1983 and 1990. It was last sold for £295,000 in August 2004, which was around 12% below the average August 2004 detached price in the West Berkshire local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was C.

5 GROVES LEA Sold Prices

Land registry data shows two sales for 5 GROVES LEA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. Both of the two 5 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
2004 20 AUG	£295,000	£336,599	12% below HPI
2001 20 FEB	£240,000	£249,409	4% below HPI

5 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 two 5 GROVES LEA sales from February 2001 and August 2004 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 February 2001 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the August 2004 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 5 GROVES LEA?

5 GROVES LEA is 126m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the smallest 40% of detached houses in Mortimer, based on EPC data. The below chart shows the distribution of detached houses by size in Mortimer, and where 5 GROVES LEA lies on this distribution: 36% of detached houses are smaller than 5 GROVES LEA, and 64% of houses are larger. Note that EPC data is not available for all properties in Mortimer.

5 GROVES LEA: Plot and Title Map

5 GROVES LEA sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 5 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 5 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 5 GROVES LEA?

5 GROVES LEA is located in MORTIMER, in the RG7 postcode district. The below map shows the position of No. 5 on GROVES LEA.