14, LOVATT CLOSE, TILEHURST, READING, RG31 5HG - £540,000

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

14 LOVATT CLOSE is a midsized detached house of 117m², built sometime between 1996 and 2002. It was last sold for £540,000 in August 2021, which was around 9% below the average August 2021 detached price in the West Berkshire local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

14 LOVATT CLOSE Sold Prices

Land registry data shows three sales for 14 LOVATT CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. One of the three 14 LOVATT CLOSE sales was for below the average price, whilst two 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
2021 17 AUG	£540,000	£595,397	9% below HPI
2005 26 JAN	£355,000	£349,963	1% above HPI
1997 28 JAN	£140,000	£135,188	4% above HPI

14 LOVATT 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 three 14 LOVATT CLOSE sales between January 1997 and August 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 January 2005 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the August 2021 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 14 LOVATT CLOSE?

14 LOVATT CLOSE is 117m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 50% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 14 LOVATT CLOSE lies on this distribution: 47% of detached houses are smaller than 14 LOVATT CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Reading.

14 LOVATT CLOSE: Plot and Title Map

14 LOVATT CLOSE sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 14 LOVATT 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 14 LOVATT 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 14 LOVATT CLOSE?

14 LOVATT CLOSE is located in TILEHURST, in the RG31 postcode district. The below map shows the position of No. 14 on LOVATT CLOSE.