179, PARK LANE, TILEHURST, READING, RG31 4DR - £372,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

179 PARK LANE is a small extended semi-detached house of 109m², built sometime between 1930 and 1949, which could now be worth an estimated £434,658. It was last sold for £372,500 in November 2016, which was around 1% above the average November 2016 semi-detached price in the Reading local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

179 PARK LANE Sold Prices

Land registry data shows four sales for 179 PARK LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Reading local authority area for the corresponding sale date. two of the four 179 PARK LANE sales were for above the average price, and four 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 25 NOV	£372,500	£369,061	1% above HPI
2013 9 SEP	£238,000	£259,734	8% below HPI
2009 24 NOV	£231,500	£220,585	5% above HPI
2003 20 MAY	£180,000	£198,336	9% below HPI

179 PARK LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Reading local authority area over time, sourced from the HPI. The four 179 PARK LANE sales between May 2003 and November 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 September 2013 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the November 2016 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 179 PARK LANE be worth now?

179 PARK LANE might now be worth an estimated £434,658.

This is based on house price inflation of 16.7%, between November 2016 and February 2025, for semi-detached houses, in the Reading local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.7% inflationary increase is applied to the most recent sale price for 179 PARK LANE of £372,500 on 25th November 2016. For the value to have increased from £372,500 to £434,658 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 179 PARK LANE has moved in line with the HPI for semi-detached houses in the Reading local authority area.
• The November 2016 sale price of £372,500 represented a fair market value for the property.
• The size, condition, and specification of 179 PARK LANE has not materially changed since November 2016.

How Large is 179 PARK LANE?

179 PARK LANE is 109m², which includes two extensions, according to the EPC inspection conducted in February 2024. This puts it in the smallest 40% of semi-detached houses houses in Reading, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Reading, and where 179 PARK LANE lies on this distribution: 38% of semi-detached houses houses are smaller than 179 PARK LANE, and 61% of houses are larger. Note that EPC data is not available for all properties in Reading.

179 PARK LANE: Plot and Title Map

179 PARK LANE sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 179 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 179 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 179 PARK LANE?

179 PARK LANE is located in TILEHURST, in the RG31 postcode district. The below map shows the position of No. 179 on PARK LANE.