24, NEWBERY CLOSE, TILEHURST, READING, RG31 6JN - £280,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

24 NEWBERY CLOSE is a midsized detached house of 116m², built sometime between 1967 and 1975. It was last sold for £280,000 in July 2014, which was around 40% below the average July 2014 detached price in the Reading local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

24 NEWBERY CLOSE Sold Prices

Land registry data shows three sales for 24 NEWBERY 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 Reading local authority area for the corresponding sale date. All of the three 24 NEWBERY 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
2014 8 JUL	£280,000	£466,346	40% below HPI
2005 23 SEP	£217,000	£350,579	38% below HPI
1997 11 SEP	£110,000	£145,777	25% below HPI

24 NEWBERY CLOSE 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 three 24 NEWBERY CLOSE sales between September 1997 and July 2014 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 September 2005 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the July 2014 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 24 NEWBERY CLOSE?

24 NEWBERY CLOSE is 116m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 50% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 24 NEWBERY CLOSE lies on this distribution: 46% of detached houses are smaller than 24 NEWBERY CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Reading.

24 NEWBERY CLOSE: Plot and Title Map

24 NEWBERY CLOSE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 24 NEWBERY 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 24 NEWBERY 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 24 NEWBERY CLOSE?

24 NEWBERY CLOSE is located in TILEHURST, in the RG31 postcode district. The below map shows the position of No. 24 on NEWBERY CLOSE.