1, CORNWALL CLOSE, TILEHURST, READING, RG31 6FS - £420,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 CORNWALL CLOSE is a very small detached house of 67m², built sometime between 1983 and 1990. It was last sold for £420,000 in October 2021, which was around 33% below the average October 2021 detached price in the West Berkshire local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

1 CORNWALL CLOSE Sold Prices

Land registry data shows two sales for 1 CORNWALL CLOSE 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 1 CORNWALL CLOSE 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
2021 25 OCT	£420,000	£627,475	33% below HPI
1996 3 MAY	£76,750	£125,137	39% below HPI

1 CORNWALL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Berkshire local authority area over time, sourced from the HPI. The two 1 CORNWALL CLOSE sales from May 1996 and October 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 1996 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the October 2021 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 1 CORNWALL CLOSE?

1 CORNWALL CLOSE is 67m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 10% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 1 CORNWALL CLOSE lies on this distribution: 4% of detached houses are smaller than 1 CORNWALL CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Reading.

1 CORNWALL CLOSE: Plot and Title Map

1 CORNWALL CLOSE sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 1 CORNWALL CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 CORNWALL CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 CORNWALL CLOSE?

1 CORNWALL CLOSE is located in TILEHURST, in the RG31 postcode district. The below map shows the position of No. 1 on CORNWALL CLOSE.