3, PIERCES HILL, TILEHURST, READING, RG31 6RB - £310,000

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

3 PIERCES HILL is a very small extended detached house of 66m², built sometime between 1983 and 1990. It was last sold for £310,000 in July 2012, which was around 23% below the average July 2012 detached price in the Reading local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

3 PIERCES HILL Sold Prices

Land registry data shows two sales for 3 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 3 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
2012 12 JUL	£310,000	£401,823	23% below HPI
1997 28 FEB	£110,000	£128,904	15% below HPI

3 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 3 PIERCES HILL sales from February 1997 and July 2012 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 February 1997 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2012 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 3 PIERCES HILL?

3 PIERCES HILL is 66m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the smallest 10% 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 PIERCES HILL lies on this distribution: 4% of detached houses are smaller than 3 PIERCES HILL, and 96% of houses are larger. Note that EPC data is not available for all properties in Reading.

3 PIERCES HILL: Plot and Title Map

3 PIERCES HILL sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 3 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 3 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 3 PIERCES HILL?

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