23, LAUREL DRIVE, TILEHURST, READING, RG31 5DY - £695,000

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

23 LAUREL DRIVE is a midsized detached house of 119m², built sometime between 1976 and 1982, which could now be worth an estimated £698,455. It was last sold for £695,000 in December 2022, which was around 1% above the average December 2022 detached price in the West Berkshire local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

23 LAUREL DRIVE Sold Prices

Land registry data shows five sales for 23 LAUREL DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. Most of the five 23 LAUREL DRIVE 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
2022 20 DEC	£695,000	£690,582	1% above HPI
2016 16 DEC	£500,000	£571,768	13% below HPI
2010 26 NOV	£360,000	£413,574	13% below HPI
2003 26 SEP	£300,000	£333,632	10% below HPI
1996 30 MAY	£112,000	£129,300	13% below HPI

23 LAUREL DRIVE 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 five 23 LAUREL DRIVE sales between May 1996 and December 2022 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 December 2016 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2022 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 23 LAUREL DRIVE be worth now?

23 LAUREL DRIVE might now be worth an estimated £698,455.

This is based on house price inflation of 0.5%, between December 2022 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 0.5% inflationary increase is applied to the most recent sale price for 23 LAUREL DRIVE of £695,000 on 20th December 2022. For the value to have increased from £695,000 to £698,455 over the two years to December 2024, the following assumptions must hold true:

• The value of 23 LAUREL DRIVE has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The December 2022 sale price of £695,000 represented a fair market value for the property.
• The size, condition, and specification of 23 LAUREL DRIVE has not materially changed since December 2022.

How Large is 23 LAUREL DRIVE?

23 LAUREL DRIVE is 119m² according to the EPC inspection conducted in August 2022. This puts it in the largest 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 23 LAUREL DRIVE lies on this distribution: 49% of detached houses houses are smaller than 23 LAUREL DRIVE, and 50% of houses are larger. Note that EPC data is not available for all properties in Reading.

23 LAUREL DRIVE: Plot and Title Map

23 LAUREL DRIVE sits on a plot of roughly 0.140 of an acre, or 567m². The below map shows the location of 23 LAUREL 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 23 LAUREL 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 23 LAUREL DRIVE?

23 LAUREL DRIVE is located in TILEHURST, in the RG31 postcode district. The below map shows the position of No. 23 on LAUREL DRIVE.