5, MITCHELL WAY, WOODLEY, READING, RG5 4NQ - £349,950

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.

5 MITCHELL WAY is a midsized extended detached house of 117m², built sometime between 1983 and 1990, which could now be worth an estimated £630,547. It was last sold for £349,950 in August 2012, which was around 19% below the average August 2012 detached price in the Wokingham local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.

5 MITCHELL WAY Sold Prices

Land registry data shows three sales for 5 MITCHELL WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the three 5 MITCHELL 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
2012 31 AUG	£349,950	£431,217	19% below HPI
2004 18 JUN	£289,950	£348,415	17% below HPI
2003 30 MAY	£270,500	£340,976	21% below HPI

5 MITCHELL 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 three 5 MITCHELL WAY sales between May 2003 and August 2012 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 2004 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2012 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 5 MITCHELL WAY be worth now?

5 MITCHELL WAY might now be worth an estimated £630,547.

This is based on house price inflation of 80.2%, between August 2012 and June 2025, for detached 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 80.2% inflationary increase is applied to the most recent sale price for 5 MITCHELL WAY of £349,950 on 31st August 2012. For the value to have increased from £349,950 to £630,547 over the thirteen years and two months to June 2025, the following assumptions must hold true:

• The value of 5 MITCHELL WAY has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The August 2012 sale price of £349,950 represented a fair market value for the property.
• The size, condition, and specification of 5 MITCHELL WAY has not materially changed since August 2012.

How Large is 5 MITCHELL WAY?

5 MITCHELL WAY is 117m², which includes one extension, according to the EPC inspection conducted in August 2011. This puts it in the largest 50% of detached houses houses in Woodley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woodley, and where 5 MITCHELL WAY lies on this distribution: 51% of detached houses houses are smaller than 5 MITCHELL WAY, and 49% of houses are larger. Note that EPC data is not available for all properties in Woodley.

5 MITCHELL WAY: Plot and Title Map

5 MITCHELL WAY sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 5 MITCHELL 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 5 MITCHELL 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 5 MITCHELL WAY?

5 MITCHELL WAY is located in WOODLEY, in the RG5 postcode district. The below map shows the position of No. 5 on MITCHELL WAY.