The first woman to officially reign as Queen Regnant (sovereign in her own right) was Mary I (1553–1558).
Precedents:
Mary I's Parliament passed the Act Concerning Regal Power (1554), affirming a queen regnant holds identical authority to a king. Elizabeth I (1558–1603) solidified the precedent. Since then, six queens regnant have ruled (Mary II, Anne, Victoria, Elizabeth II).