2, SAGE ROAD, TILEHURST, READING, RG31 6GG - £587,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 SAGE ROAD is a midsized detached house of 114m², built sometime between 1976 and 1982, which could now be worth an estimated £593,110. It was last sold for £587,500 in October 2024, which was around 15% below the average October 2024 detached price in the West Berkshire local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

2 SAGE ROAD Sold Prices

Land registry data shows three sales for 2 SAGE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. All of the three 2 SAGE ROAD 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
2024 4 OCT	£587,500	£687,451	15% below HPI
2003 28 MAR	£250,000	£334,604	25% below HPI
2001 5 JUN	£240,000	£270,971	11% below HPI

2 SAGE ROAD 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 three 2 SAGE ROAD sales between June 2001 and October 2024 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 March 2003 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2024 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 2 SAGE ROAD be worth now?

2 SAGE ROAD might now be worth an estimated £593,110.

This is based on house price inflation of 1%, between October 2024 and December 2024, for detached houses, in the West Berkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1% inflationary increase is applied to the most recent sale price for 2 SAGE ROAD of £587,500 on 4th October 2024. For the value to have increased from £587,500 to £593,110 over the ten months to December 2024, the following assumptions must hold true:

• The value of 2 SAGE ROAD has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The October 2024 sale price of £587,500 represented a fair market value for the property.
• The size, condition, and specification of 2 SAGE ROAD has not materially changed since October 2024.

How Large is 2 SAGE ROAD?

2 SAGE ROAD is 114m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 50% of detached houses houses in Reading, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reading, and where 2 SAGE ROAD lies on this distribution: 44% of detached houses houses are smaller than 2 SAGE ROAD, and 55% of houses are larger. Note that EPC data is not available for all properties in Reading.

2 SAGE ROAD: Plot and Title Map

2 SAGE ROAD sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 2 SAGE ROAD, 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 SAGE ROAD). 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 SAGE ROAD?

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