2, WITHY CLOSE, TILEHURST, READING, RG31 4SQ - £490,000

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.

2 WITHY CLOSE is a small detached house of 110m², built sometime between 1991 and 1995, which could now be worth an estimated £570,504. It was last sold for £490,000 in March 2021, which was around 18% below the average March 2021 detached price in the West Berkshire local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

2 WITHY CLOSE Sold Prices

Land registry data shows three sales for 2 WITHY CLOSE 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 WITHY CLOSE 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
2021 12 MAR	£490,000	£597,293	18% below HPI
2013 17 MAY	£305,000	£437,482	30% below HPI
1999 25 JUN	£144,000	£193,798	26% below HPI

2 WITHY CLOSE 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 WITHY CLOSE sales between June 1999 and March 2021 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 May 2013 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the March 2021 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 2 WITHY CLOSE be worth now?

2 WITHY CLOSE might now be worth an estimated £570,504.

This is based on house price inflation of 16.4%, between March 2021 and July 2025, 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 16.4% inflationary increase is applied to the most recent sale price for 2 WITHY CLOSE of £490,000 on 12th March 2021. For the value to have increased from £490,000 to £570,504 over the three years and eight months to July 2025, the following assumptions must hold true:

• The value of 2 WITHY CLOSE has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The March 2021 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WITHY CLOSE has not materially changed since March 2021.

How Large is 2 WITHY CLOSE?

2 WITHY CLOSE is 110m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 40% 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 WITHY CLOSE lies on this distribution: 38% of detached houses houses are smaller than 2 WITHY CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Reading.

2 WITHY CLOSE: Plot and Title Map

2 WITHY CLOSE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 2 WITHY CLOSE, 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 WITHY CLOSE). 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 WITHY CLOSE?

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