221, NEW LANE HILL, TILEHURST, READING, RG30 4JU - £400,000

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.

221 NEW LANE HILL is a large extended detached house of 133m², built sometime before 1900, which could now be worth an estimated £701,018. It was last sold for £400,000 in March 2007, which was around 1% above the average March 2007 detached price in the Reading local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was C.

221 NEW LANE HILL Sold Prices

Land registry data shows two sales for 221 NEW LANE HILL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Reading local authority area for the corresponding sale date. One of the two 221 NEW LANE HILL sales was for above the average price, whilst the other was 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
2007 8 MAR	£400,000	£395,231	1% above HPI
1999 12 NOV	£199,950	£218,411	8% below HPI

221 NEW LANE HILL 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 two 221 NEW LANE HILL sales from November 1999 and March 2007 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 November 1999 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the March 2007 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 221 NEW LANE HILL be worth now?

221 NEW LANE HILL might now be worth an estimated £701,018.

This is based on house price inflation of 75.3%, between March 2007 and February 2025, for detached houses, in the Reading local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 75.3% inflationary increase is applied to the most recent sale price for 221 NEW LANE HILL of £400,000 on 8th March 2007. For the value to have increased from £400,000 to £701,018 over the eighteen years and one month to February 2025, the following assumptions must hold true:

• The value of 221 NEW LANE HILL has moved in line with the HPI for detached houses in the Reading local authority area.
• The March 2007 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 221 NEW LANE HILL has not materially changed since March 2007.

How Large is 221 NEW LANE HILL?

221 NEW LANE HILL is 133m², which includes four extensions, according to the EPC inspection conducted in June 2019. This puts it in the largest 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 221 NEW LANE HILL lies on this distribution: 62% of detached houses houses are smaller than 221 NEW LANE HILL, and 37% of houses are larger. Note that EPC data is not available for all properties in Reading.

221 NEW LANE HILL: Plot and Title Map

221 NEW LANE HILL sits on a plot of roughly 0.215 of an acre, or 871m². The below map shows the location of 221 NEW LANE HILL, 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 221 NEW LANE HILL). 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 221 NEW LANE HILL?

221 NEW LANE HILL is located in TILEHURST, in the RG30 postcode district. The below map shows the position of No. 221 on NEW LANE HILL.