2, CLEMENTS MEAD, TILEHURST, READING, RG31 5UJ - £390,000

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

2 CLEMENTS MEAD is a very small detached house of 81m², built sometime between 1983 and 1990. It was last sold for £390,000 in January 2016, which was around 28% below the average January 2016 detached price in the West Berkshire local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was D.

2 CLEMENTS MEAD Sold Prices

Land registry data shows two sales for 2 CLEMENTS MEAD 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 CLEMENTS MEAD 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 18 JAN	£390,000	£538,068	28% below HPI
2010 20 AUG	£250,000	£394,850	37% below HPI

2 CLEMENTS MEAD 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 CLEMENTS MEAD sales from August 2010 and January 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 August 2010 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the January 2016 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 2 CLEMENTS MEAD?

2 CLEMENTS MEAD is 81m² according to the EPC inspection conducted in March 2009. 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 2 CLEMENTS MEAD lies on this distribution: 13% of detached houses are smaller than 2 CLEMENTS MEAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Reading.

2 CLEMENTS MEAD: Plot and Title Map

2 CLEMENTS MEAD sits on a plot of roughly 0.156 of an acre, or 633m². The below map shows the location of 2 CLEMENTS MEAD, 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 CLEMENTS MEAD). 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 CLEMENTS MEAD?

2 CLEMENTS MEAD is located in TILEHURST, in the RG31 postcode district. The below map shows the position of No. 2 on CLEMENTS MEAD.