15B, LOVATT CLOSE, TILEHURST, READING, RG31 5HG - £550,000

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

15B LOVATT CLOSE is a large detached house of 150m², built sometime between 1996 and 2002. It was last sold for £550,000 in June 2013, which was around 28% above the average June 2013 detached price in the West Berkshire local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.

15B LOVATT CLOSE Sold Prices

Land registry data shows two sales for 15B LOVATT 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 15B LOVATT CLOSE 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
2013 14 JUN	£550,000	£428,641	28% above HPI
1998 18 DEC	£255,000	£179,763	42% above HPI

15B 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 two 15B LOVATT CLOSE sales from December 1998 and June 2013 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 December 1998 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the June 2013 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 15B LOVATT CLOSE?

15B LOVATT CLOSE is 150m² according to the EPC inspection conducted in January 2013. This puts it in the largest 30% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 15B LOVATT CLOSE lies on this distribution: 74% of detached houses are smaller than 15B LOVATT CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Reading.

15B LOVATT CLOSE: Plot and Title Map

15B LOVATT CLOSE sits on a plot of roughly 0.305 of an acre, or 1,234m². The below map shows the location of 15B 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 15B 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 15B LOVATT CLOSE?

15B LOVATT CLOSE is located in TILEHURST, in the RG31 postcode district. The below map shows the position of No. 15B on LOVATT CLOSE.