7, SPRING LANE, MORTIMER COMMON, READING, RG7 3RT - £613,499

7 SPRING LANE is a midsized detached house of 149m², built sometime between 1967 and 1975. It was last sold for £613,499 in October 2018, which was around 6% above the average October 2018 detached price in the West Berkshire local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

7 SPRING LANE Sold Prices

Land registry data shows two sales for 7 SPRING 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 West Berkshire local authority area for the corresponding sale date. One of the two 7 SPRING LANE sales was for above the average price, whilst the other was 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 OCT	£613,499	£580,475	6% above HPI
2005 31 MAY	£282,000	£337,653	16% below HPI

7 SPRING LANE 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 7 SPRING LANE sales from May 2005 and October 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 2005 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2018 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 7 SPRING LANE?

7 SPRING LANE is 149m² according to the EPC inspection conducted in May 2018. This puts it in the largest 50% of detached houses in Mortimer, based on EPC data. The below chart shows the distribution of detached houses by size in Mortimer, and where 7 SPRING LANE lies on this distribution: 51% of detached houses are smaller than 7 SPRING LANE, and 48% of houses are larger. Note that EPC data is not available for all properties in Mortimer.

7 SPRING LANE: Plot and Title Map

7 SPRING LANE sits on a plot of roughly 0.232 of an acre, or 938m². The below map shows the location of 7 SPRING 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 7 SPRING 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 7 SPRING LANE?

7 SPRING LANE is located in MORTIMER COMMON, in the RG7 postcode district. The below map shows the position of No. 7 on SPRING LANE.