2, GROVES LEA, MORTIMER, READING, RG7 3SR - £330,000

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.

2 GROVES LEA is a detached house, which could now be worth an estimated £608,139. It was last sold for £330,000 in November 2006, which was around 14% below the average November 2006 detached price in the West Berkshire local authority area.

2 GROVES LEA Sold Prices

Land registry data shows two sales for 2 GROVES LEA 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. Both of the two 2 GROVES LEA 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
2006 17 NOV	£330,000	£385,198	14% below HPI
2001 31 JUL	£205,000	£283,515	28% below HPI

What might 2 GROVES LEA be worth now?

2 GROVES LEA might now be worth an estimated £608,139.

This is based on house price inflation of 84.3%, between November 2006 and May 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 84.3% inflationary increase is applied to the most recent sale price for 2 GROVES LEA of £330,000 on 17th November 2006. For the value to have increased from £330,000 to £608,139 over the twenty years and six months to May 2026, the following assumptions must hold true:

• The value of 2 GROVES LEA has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The November 2006 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GROVES LEA has not materially changed since November 2006.

Where is 2 GROVES LEA?

2 GROVES LEA is located in MORTIMER, in the RG7 postcode district.