25, PIERCES HILL, TILEHURST, READING, RG31 6RB - £370,000

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

25 PIERCES HILL is a midsized detached house of 113m², built sometime between 1967 and 1975. It was last sold for £370,000 in May 2018, which was around 40% below the average May 2018 detached price in the Reading local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was C.

25 PIERCES HILL Sold Prices

Land registry data shows two sales for 25 PIERCES 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. Both of the two 25 PIERCES HILL 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
2018 24 MAY	£370,000	£615,845	40% below HPI
2016 11 OCT	£372,500	£612,067	39% below HPI

25 PIERCES 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 25 PIERCES HILL sales from October 2016 and May 2018 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 October 2016 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the May 2018 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 25 PIERCES HILL?

25 PIERCES HILL is 113m² according to the EPC inspection conducted in April 2016. 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 25 PIERCES HILL lies on this distribution: 43% of detached houses are smaller than 25 PIERCES HILL, and 56% of houses are larger. Note that EPC data is not available for all properties in Reading.

25 PIERCES HILL: Plot and Title Map

25 PIERCES HILL sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of 25 PIERCES 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 25 PIERCES 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 25 PIERCES HILL?

25 PIERCES HILL is located in TILEHURST, in the RG31 postcode district. The below map shows the position of No. 25 on PIERCES HILL.