5 Mill Lane, Padworth, Reading, RG7 4JU is a freehold terraced property built before 1900. The property offers approximately 1,130 square feet of living space. In this location, properties of similar size usually have four bedrooms.

The estimated current market value of the property is £586,336 , which equates to approximately £519 per square foot. It was last sold on 3 Aug 2023 for £570,000. Since then, the value has increased by £16,336, representing a 2.9% increase, or approximately 1.2% per year.

The current estimated value of £586,336 is:

  • 19.7% lower than the average property price on Mill Lane
  • 1.4% lower than the average in the RG7 4JU postcode area

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 13 May 2022, the property was recorded as owner-occupied.

View sold house prices in RG7 4JU

Building approximate location

About Property

Type
Terraced House
Built
before 1900
Interior Size
1130 sq ft
Tenure
Freehold
Price (estimate)
£586,336
Price Per sq ft (estimate)
£519
Bedroom Count (estimate)
4 bedrooms

EPC Summary

5 Mill Lane, Padworth, Reading, West Berkshire, Berkshire, RG7 4JU has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 13 May 2022.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 13 Mar 2009, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 64.1%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to boiler and radiators, mains gas, improving energy efficiency from poor to good.
  • The hot water system was changed from electric immersion, off-peak to from main system, with its energy efficiency improving from average to good.
  • The lighting was updated from low energy lighting in 22% of fixed outlets to low energy lighting in 58% of fixed outlets, with efficiency improving from poor to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 100 mm loft insulation
Average
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 58% of fixed outlets
Good

Compared to RG7 4JU

5 th / 10
Price Rank
1% lower than average
4 th / 6
Size Rank
15% smaller than average
2 nd / 6
Price Per Sq FT Rank
16% higher than average

Compared to other properties in RG7 4JU , this house's estimated value ranks 5th out of 10. Based on price per square foot, it ranks 2nd out of 6 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 4th out of 6 properties in its postcode area.

Sale History

Today
£586,336
streetscan.co.uk estimate
+3 %
3 Aug 2023
£570,000
Leasehold
+69.1 %
14 Aug 2009
£337,000
Leasehold
+212 %
25 Jul 1997
£108,000
Leasehold

Area Insights

Nearby Properties

rooms: 7
size: 1446 sq ft
sale price: £370,000
sale date: 10 Mar 2010
rooms: 5
size: 775 sq ft
sale price: £386,000
sale date: 28 Nov 2024
rooms: 3
size: 592 sq ft
sale price: £210,000
sale date: 30 Nov 2012
rooms: 7
size: 1259 sq ft
sale price: £455,000
sale date: 22 Feb 2019
rooms: 9
size: 2293 sq ft
sale price: £100,000
sale date: 8 Nov 1996

Data Sources

The property at 5 Mill Lane, Padworth, Reading, RG7 4JU appears three times in the Land Registry records, with the latest transaction recorded on 3 Aug 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 13 May 2022. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.