177B, PARK LANE, TILEHURST, READING, RG31 4DR - £349,950

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

177B PARK LANE is a very small detached house of 87m². It was last sold for £349,950 in August 2016, which was around 43% below the average August 2016 detached price in the Reading local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was C.

177B PARK LANE Sold Prices

Land registry data shows two sales for 177B PARK LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Reading local authority area for the corresponding sale date. Both of the two 177B PARK LANE sales were for below 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
2016 8 AUG	£349,950	£617,048	43% below HPI
2012 22 OCT	£263,000	£402,434	35% below HPI

177B PARK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Reading local authority area over time, sourced from the HPI. The two 177B PARK LANE sales from October 2012 and August 2016 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 October 2012 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2016 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 177B PARK LANE?

177B PARK LANE is 87m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 20% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 177B PARK LANE lies on this distribution: 17% of detached houses are smaller than 177B PARK LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Reading.

177B PARK LANE: Plot and Title Map

177B PARK LANE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 177B 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 177B 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 177B PARK LANE?

177B PARK LANE is located in TILEHURST, in the RG31 postcode district. The below map shows the position of No. 177B on PARK LANE.