8 Lance Way

    8, LANCE WAY, ARBORFIELD GREEN, READING, RG2 9YY

    This detached freehold property on Lance Way last sold in March 2021 for £512,500. Based on price growth in the RG2 district since then, its estimated current value is £545,811 — placing it in the 82nd percentile nationally and the 81st percentile within RG2. The property covers 110 m² (1,184 sq ft), giving an estimated value of £4,962 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,184 sq ft

    110 m²

    Last Sale Price

    £512,500

    Mar 2021

    Estimated Valuation

    £545,811

    Est. £/sq ft

    £461/sq ft

    £4,962/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2020
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area1,184 sq ft (110 m²)
    EPC dateOct 2020
    WallsAverage thermal transmittance 0.26 W/m
    HeatingBoiler

    Transaction History

    31 Mar 2021

    New build

    £512,500

    Key Metrics

    Estimated valuation£545,811
    Value per sq ft / m²£461/sq ft (£4,962/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RG2 district percentile81st percentile
    National percentile82nd percentile

    District Context — RG2

    RG2 covers Wokingham and surrounding areas in Berkshire, sitting between Reading and the Surrey borders in the south-east. It is a residential district with a mix of suburban and semi-rural character, popular with families and commuters.

    Average Property Price - RG2

    £404,270

    68

    National percentile

    Average Net Household Income - RG2

    £41,892

    65

    National percentile

    10-Year Annualised Price Growth - RG2

    3.5%

    48

    National percentile

    10-Year Annualised Rent Growth - RG

    3.6%

    30

    National percentile

    View full analysis for RG2

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