51, MOORHEN DRIVE, LOWER EARLEY, READING, RG6 4NZ - £406,000

51 MOORHEN DRIVE is a very small detached house of 71m², built sometime between 1996 and 2002. It was last sold for £406,000 in November 2018, which was around 35% below the average November 2018 detached price in the Wokingham local authority area. The most recent EPC inspection was November 2017, where the current energy rating was C, and the potential energy rating was B.

51 MOORHEN DRIVE Sold Prices

Land registry data shows three sales for 51 MOORHEN DRIVE 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 51 MOORHEN DRIVE 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 9 NOV	£406,000	£624,956	35% below HPI
2003 28 NOV	£222,000	£332,549	33% below HPI
1998 18 SEP	£133,500	£187,975	29% below HPI

51 MOORHEN DRIVE 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 51 MOORHEN DRIVE sales between September 1998 and November 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 November 2003 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2018 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 51 MOORHEN DRIVE?

51 MOORHEN DRIVE is 71m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 10% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 51 MOORHEN DRIVE lies on this distribution: 6% of detached houses are smaller than 51 MOORHEN DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Reading.

51 MOORHEN DRIVE: Plot and Title Map

51 MOORHEN DRIVE sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 51 MOORHEN DRIVE, 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 51 MOORHEN DRIVE). 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 51 MOORHEN DRIVE?

51 MOORHEN DRIVE is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 51 on MOORHEN DRIVE.