27, SHERATON DRIVE, TILEHURST, READING, RG31 5UZ - £275,000

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

27 SHERATON DRIVE is a very small detached house of 82m², built sometime between 1983 and 1990. It was last sold for £275,000 in July 2013, which was around 35% below the average July 2013 detached price in the West Berkshire local authority area. The most recent EPC inspection was February 2013, where the current energy rating was E, and the potential energy rating was C.

27 SHERATON DRIVE Sold Prices

Land registry data shows four sales for 27 SHERATON DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. All of the four 27 SHERATON 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
2013 26 JUL	£275,000	£420,467	35% below HPI
2008 30 APR	£286,000	£387,573	26% below HPI
2004 14 MAY	£223,500	£324,421	31% below HPI
1996 26 APR	£82,000	£120,535	32% below HPI

27 SHERATON 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 four 27 SHERATON DRIVE sales between April 1996 and July 2013 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 April 2008 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the July 2013 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 27 SHERATON DRIVE?

27 SHERATON DRIVE is 82m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 20% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 27 SHERATON DRIVE lies on this distribution: 13% of detached houses are smaller than 27 SHERATON DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Reading.

27 SHERATON DRIVE: Plot and Title Map

27 SHERATON DRIVE sits on a plot of roughly 0.047 of an acre, or 189m². The below map shows the location of 27 SHERATON 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 27 SHERATON 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 27 SHERATON DRIVE?

27 SHERATON DRIVE is located in TILEHURST, in the RG31 postcode district. The below map shows the position of No. 27 on SHERATON DRIVE.