PATMOS, MILTON WAY, RUSCOMBE, READING, RG10 9LE - £415,000

PATMOS is a very small extended detached house of 68m², built sometime between 1976 and 1982. It was last sold for £415,000 in November 2018, which was around 34% below the average November 2018 detached price in the Wokingham local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

PATMOS Sold Prices

Land registry data shows three sales for PATMOS 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 PATMOS 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 13 NOV	£415,000	£624,956	34% below HPI
2003 22 AUG	£249,999	£331,189	25% below HPI
1996 30 SEP	£103,500	£137,177	25% below HPI

PATMOS 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 PATMOS sales between September 1996 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 August 2003 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2018 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is PATMOS?

PATMOS is 68m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the smallest 10% of detached houses in Ruscombe, based on EPC data. The below chart shows the distribution of detached houses by size in Ruscombe, and where PATMOS lies on this distribution: 6% of detached houses are smaller than PATMOS, and 94% of houses are larger. Note that EPC data is not available for all properties in Ruscombe.

PATMOS: Plot and Title Map

PATMOS sits on a plot of roughly 0.103 of an acre, or 415m². The below map shows the location of PATMOS, 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 PATMOS). 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 PATMOS?

PATMOS is located on MILTON WAY in RUSCOMBE, in the RG10 postcode district. The below map shows the position of PATMOS on MILTON WAY.