123, PARK LANE, TILEHURST, READING, RG31 4DR - £430,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

123 PARK LANE is a small extended semi-detached house of 97m², built sometime between 1930 and 1949, which could now be worth an estimated £435,601. It was last sold for £430,000 in July 2024, which was around 1% above the average July 2024 semi-detached price in the Reading local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

123 PARK LANE Sold Prices

Land registry data shows three sales for 123 PARK LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Reading local authority area for the corresponding sale date. All of the three 123 PARK LANE sales were for above 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
2024 26 JUL	£430,000	£425,108	1% above HPI
2018 31 AUG	£375,000	£372,899	1% above HPI
1995 30 NOV	£83,000	£67,101	24% above HPI

123 PARK LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Reading local authority area over time, sourced from the HPI. The three 123 PARK LANE sales between November 1995 and July 2024 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 August 2018 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the July 2024 sale, which was also at 1% above the HPI.

What might 123 PARK LANE be worth now?

123 PARK LANE might now be worth an estimated £435,601.

This is based on house price inflation of 1.3%, between July 2024 and February 2025, for semi-detached houses, in the Reading local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.3% inflationary increase is applied to the most recent sale price for 123 PARK LANE of £430,000 on 26th July 2024. For the value to have increased from £430,000 to £435,601 over the one year and five months to February 2025, the following assumptions must hold true:

• The value of 123 PARK LANE has moved in line with the HPI for semi-detached houses in the Reading local authority area.
• The July 2024 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 123 PARK LANE has not materially changed since July 2024.

How Large is 123 PARK LANE?

123 PARK LANE is 97m², which includes three extensions, according to the EPC inspection conducted in September 2017. This puts it in the smallest 30% of semi-detached houses houses in Reading, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Reading, and where 123 PARK LANE lies on this distribution: 25% of semi-detached houses houses are smaller than 123 PARK LANE, and 74% of houses are larger. Note that EPC data is not available for all properties in Reading.

123 PARK LANE: Plot and Title Map

123 PARK LANE sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 123 PARK LANE, 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 123 PARK LANE). 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 123 PARK LANE?

123 PARK LANE is located in TILEHURST, in the RG31 postcode district. The below map shows the position of No. 123 on PARK LANE.