2 The Lowlands Chapel Lane

    2 THE LOWLANDS, CHAPEL LANE, SPENCERS WOOD, READING, RG7 1BE

    This terraced freehold property on Chapel Lane last sold in June 2023 for £370,000. Based on price growth in the RG7 district since then, its estimated current value is £331,430 — placing it in the 56th percentile nationally and the 19th percentile within RG7. The property covers 63 m² (678 sq ft), giving an estimated value of £5,261 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    678 sq ft

    63 m²

    Last Sale Price

    £370,000

    Jun 2023

    Estimated Valuation

    £331,430

    Est. £/sq ft

    £489/sq ft

    £5,261/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area678 sq ft (63 m²)
    EPC dateSept 2020
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Jun 2023

    £370,000

    22 Dec 2010

    £220,000

    21 Oct 2004

    £211,000

    17 May 2004

    £210,000

    23 Sept 1997

    £110,000

    18 Dec 1996

    £70,000

    Key Metrics

    Estimated valuation£331,430
    Value per sq ft / m²£489/sq ft (£5,261/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RG7 district percentile19th percentile
    National percentile56th percentile

    District Context — RG7

    RG7 covers Swallowfield, Shinfield, and surrounding villages in the northern part of the Reading borough, positioned between the town centre and the Berkshire countryside. It is a well-established residential area with good schools and commuter connections, appealing to families and professionals seeking semi-rural living within reach of urban amenities.

    Average Property Price - RG7

    £500,106

    80

    National percentile

    Average Net Household Income - RG7

    £51,495

    91

    National percentile

    10-Year Annualised Price Growth - RG7

    1.7%

    6

    National percentile

    10-Year Annualised Rent Growth - RG

    3.6%

    30

    National percentile

    View full analysis for RG7

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