2, PARKHILL DRIVE, TILEHURST, READING, RG31 6LB - £880,000

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 PARKHILL DRIVE is a very large extended detached house of 174m², built sometime between 1967 and 1975. It was last sold for £880,000 in July 2023, which was around 28% above the average July 2023 detached price in the Reading local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.

2 PARKHILL DRIVE Sold Prices

Land registry data shows three sales for 2 PARKHILL DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Reading local authority area for the corresponding sale date. All of the three 2 PARKHILL DRIVE 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
2023 21 JUL	£880,000	£688,012	28% above HPI
2009 11 SEP	£430,000	£359,873	19% above HPI
2000 19 JUL	£300,000	£255,350	17% above HPI

2 PARKHILL DRIVE 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 three 2 PARKHILL DRIVE sales between July 2000 and July 2023 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 2009 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the July 2023 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 2 PARKHILL DRIVE?

2 PARKHILL DRIVE is 174m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 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 PARKHILL DRIVE lies on this distribution: 86% of detached houses are smaller than 2 PARKHILL DRIVE, and 14% of houses are larger. Note that EPC data is not available for all properties in Reading.

2 PARKHILL DRIVE: Plot and Title Map

2 PARKHILL DRIVE sits on a plot of roughly 0.144 of an acre, or 583m². The below map shows the location of 2 PARKHILL DRIVE, 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 PARKHILL DRIVE). 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 PARKHILL DRIVE?

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