12, HEATHWAY, TILEHURST, READING, RG31 5AP - £450,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 HEATHWAY is a small extended detached house of 106m², built sometime between 2003 and 2006. It was last sold for £450,000 in February 2016, which was around 23% below the average February 2016 detached price in the Reading local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

12 HEATHWAY Sold Prices

Land registry data shows two sales for 12 HEATHWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Reading local authority area for the corresponding sale date. Both of the two 12 HEATHWAY 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
2016 4 FEB	£450,000	£583,884	23% below HPI
2009 27 NOV	£329,950	£360,128	8% below HPI

12 HEATHWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Reading local authority area over time, sourced from the HPI. The two 12 HEATHWAY sales from November 2009 and February 2016 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 November 2009 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2016 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 12 HEATHWAY?

12 HEATHWAY is 106m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 40% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 12 HEATHWAY lies on this distribution: 35% of detached houses are smaller than 12 HEATHWAY, and 64% of houses are larger. Note that EPC data is not available for all properties in Reading.

12 HEATHWAY: Plot and Title Map

12 HEATHWAY sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 12 HEATHWAY, 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 12 HEATHWAY). 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 12 HEATHWAY?

12 HEATHWAY is located in TILEHURST, in the RG31 postcode district. The below map shows the position of No. 12 on HEATHWAY.