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

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 WITHY CLOSE is a small detached house of 110m², built sometime between 1991 and 1995. It was last sold for £490,000 in March 2021, which was around 15% 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	£578,062	15% below HPI
2013 17 MAY	£305,000	£423,396	28% below HPI
1999 25 JUN	£144,000	£187,558	23% 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 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2021 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

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 in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 2 WITHY CLOSE lies on this distribution: 39% of detached houses are smaller than 2 WITHY CLOSE, and 61% 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.