255, NORCOT ROAD, TILEHURST, READING, RG30 6AF - £500,000

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

255 NORCOT ROAD is a small extended detached house of 98m², built sometime between 1976 and 1982. It was last sold for £500,000 in January 2023, which was around 30% below the average January 2023 detached price in the Reading local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was B.

255 NORCOT ROAD Sold Prices

Land registry data shows two sales for 255 NORCOT ROAD 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 255 NORCOT ROAD 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
2023 12 JAN	£500,000	£717,470	30% below HPI
2011 15 JUL	£237,000	£382,258	38% below HPI

255 NORCOT ROAD 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 255 NORCOT ROAD sales from July 2011 and January 2023 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 July 2011 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the January 2023 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 255 NORCOT ROAD?

255 NORCOT ROAD is 98m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the smallest 30% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 255 NORCOT ROAD lies on this distribution: 27% of detached houses are smaller than 255 NORCOT ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in Reading.

255 NORCOT ROAD: Plot and Title Map

255 NORCOT ROAD sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 255 NORCOT ROAD, 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 255 NORCOT ROAD). 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 255 NORCOT ROAD?

255 NORCOT ROAD is located in TILEHURST, in the RG30 postcode district. The below map shows the position of No. 255 on NORCOT ROAD.