10, SPRING LANE, MORTIMER COMMON, READING, RG7 3RT - £390,000

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.

10 SPRING LANE is a very small extended detached house of 98m², built sometime between 1950 and 1966, which could now be worth an estimated £564,188. It was last sold for £390,000 in October 2014, which was around 20% below the average October 2014 detached price in the West Berkshire local authority area. The most recent EPC inspection was March 2011, where the current energy rating was C, and the potential energy rating was C.

10 SPRING LANE Sold Prices

Land registry data shows one sale for 10 SPRING LANE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2014 9 OCT	£390,000	£490,133	20% below HPI

What might 10 SPRING LANE be worth now?

10 SPRING LANE might now be worth an estimated £564,188.

This is based on house price inflation of 44.7%, between October 2014 and April 2026, for detached houses, in the West Berkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 44.7% inflationary increase is applied to the most recent sale price for 10 SPRING LANE of £390,000 on 9th October 2014. For the value to have increased from £390,000 to £564,188 over the twelve years and six months to April 2026, the following assumptions must hold true:

• The value of 10 SPRING LANE has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The October 2014 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 10 SPRING LANE has not materially changed since October 2014.

How Large is 10 SPRING LANE?

10 SPRING LANE is 98m², which includes two extensions, according to the EPC inspection conducted in March 2011. This puts it in the smallest 20% of detached houses in Mortimer, based on EPC data. The below chart shows the distribution of detached houses by size in Mortimer, and where 10 SPRING LANE lies on this distribution: 17% of detached houses are smaller than 10 SPRING LANE, and 83% of detached houses are larger. Note that EPC data is not available for all properties in Mortimer.

10 SPRING LANE: Plot

10 SPRING LANE sits on a plot of roughly 0.102 of an acre, or 414m².

Where is 10 SPRING LANE?

10 SPRING LANE is located in MORTIMER COMMON, in the RG7 postcode district.