16, LOVATT CLOSE, TILEHURST, READING, RG31 5HG - £407,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

16 LOVATT CLOSE is a large detached house of 137m², built sometime between 1983 and 1990, which could now be worth an estimated £692,956. It was last sold for £407,500 in November 2010, which was around 1% below the average November 2010 detached price in the West Berkshire local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

16 LOVATT CLOSE Sold Prices

Land registry data shows four sales for 16 LOVATT CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. two of the four 16 LOVATT CLOSE sales were for below the average price, and four 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
2010 29 NOV	£407,500	£413,574	1% below HPI
2003 30 MAY	£330,000	£337,446	2% below HPI
2001 12 FEB	£289,950	£257,707	13% above HPI
1997 21 MAR	£172,000	£142,727	21% above HPI

16 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 four 16 LOVATT CLOSE sales between March 1997 and November 2010 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 2003 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the November 2010 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 16 LOVATT CLOSE be worth now?

16 LOVATT CLOSE might now be worth an estimated £692,956.

This is based on house price inflation of 70.1%, between November 2010 and February 2025, for detached houses, in the West Berkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 70.1% inflationary increase is applied to the most recent sale price for 16 LOVATT CLOSE of £407,500 on 29th November 2010. For the value to have increased from £407,500 to £692,956 over the fifteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 16 LOVATT CLOSE has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The November 2010 sale price of £407,500 represented a fair market value for the property.
• The size, condition, and specification of 16 LOVATT CLOSE has not materially changed since November 2010.

How Large is 16 LOVATT CLOSE?

16 LOVATT CLOSE is 137m² according to the EPC inspection conducted in May 2022. This puts it in the largest 40% of detached houses houses in Reading, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reading, and where 16 LOVATT CLOSE lies on this distribution: 65% of detached houses houses are smaller than 16 LOVATT CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Reading.

16 LOVATT CLOSE: Plot and Title Map

16 LOVATT CLOSE sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 16 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 16 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 16 LOVATT CLOSE?

16 LOVATT CLOSE is located in TILEHURST, in the RG31 postcode district. The below map shows the position of No. 16 on LOVATT CLOSE.