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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 LOVATT CLOSE is a large detached house of 137m², built sometime between 1983 and 1990. It was last sold for £407,500 in November 2010, which was around 2% above 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. All of the four 16 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
2010 29 NOV	£407,500	£400,258	2% above HPI
2003 30 MAY	£330,000	£326,581	1% above HPI
2001 12 FEB	£289,950	£249,409	16% above HPI
1997 21 MAR	£172,000	£138,132	25% 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 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the November 2010 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

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 in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 16 LOVATT CLOSE lies on this distribution: 66% of detached 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.