2, CHESTNUT GROVE, PURLEY ON THAMES, READING, RG8 8BU - £440,000

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

2 CHESTNUT GROVE is a large detached house of 141m², built sometime between 1983 and 1990. It was last sold for £440,000 in June 2019, which was around 24% below the average June 2019 detached price in the West Berkshire local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

2 CHESTNUT GROVE Sold Prices

Land registry data shows two sales for 2 CHESTNUT GROVE 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 2 CHESTNUT GROVE 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
2019 26 JUN	£440,000	£578,793	24% below HPI
2014 17 JAN	£331,000	£435,382	24% below HPI

2 CHESTNUT GROVE 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 2 CHESTNUT GROVE sales from January 2014 and June 2019 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 January 2014 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2019 sale, which was also at 24% below the HPI.

How Large is 2 CHESTNUT GROVE?

2 CHESTNUT GROVE is 141m² according to the EPC inspection conducted in May 2013. 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 2 CHESTNUT GROVE lies on this distribution: 68% of detached houses are smaller than 2 CHESTNUT GROVE, and 31% of houses are larger. Note that EPC data is not available for all properties in Reading.

2 CHESTNUT GROVE: Plot and Title Map

2 CHESTNUT GROVE sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 2 CHESTNUT GROVE, 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 2 CHESTNUT GROVE). 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 2 CHESTNUT GROVE?

2 CHESTNUT GROVE is located in PURLEY ON THAMES, in the RG8 postcode district. The below map shows the position of No. 2 on CHESTNUT GROVE.