3, HEATHWAY, TILEHURST, READING, RG31 5AP - £493,500

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

3 HEATHWAY is a large extended detached house of 140m², built sometime from 2007 onwards. It was last sold for £493,500 in November 2020, which was around 18% below the average November 2020 detached price in the Reading local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

3 HEATHWAY Sold Prices

Land registry data shows three sales for 3 HEATHWAY 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 3 HEATHWAY 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
2020 20 NOV	£493,500	£603,581	18% below HPI
2015 31 JUL	£395,000	£519,006	24% below HPI
2009 22 DEC	£350,000	£363,344	4% below HPI

3 HEATHWAY 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 3 HEATHWAY sales between December 2009 and November 2020 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 2015 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the November 2020 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 3 HEATHWAY?

3 HEATHWAY is 140m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 40% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 3 HEATHWAY lies on this distribution: 68% of detached houses are smaller than 3 HEATHWAY, and 32% of houses are larger. Note that EPC data is not available for all properties in Reading.

3 HEATHWAY: Plot and Title Map

3 HEATHWAY sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 3 HEATHWAY, 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 3 HEATHWAY). 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 3 HEATHWAY?

3 HEATHWAY is located in TILEHURST, in the RG31 postcode district. The below map shows the position of No. 3 on HEATHWAY.