3, SHERATON DRIVE, TILEHURST, READING, RG31 5UZ - £242,000

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 SHERATON DRIVE is a very small detached house of 83m², built sometime between 1983 and 1990. It was last sold for £242,000 in August 2006, which was around 33% below the average August 2006 detached price in the West Berkshire local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was D.

3 SHERATON DRIVE Sold Prices

Land registry data shows two sales for 3 SHERATON DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. Both of the two 3 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
2006 3 AUG	£242,000	£362,409	33% below HPI
2001 5 JUL	£188,500	£274,386	31% below HPI

3 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 two 3 SHERATON DRIVE sales from July 2001 and August 2006 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 2001 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2006 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 3 SHERATON DRIVE?

3 SHERATON DRIVE is 83m² according to the EPC inspection conducted in June 2010. 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 3 SHERATON DRIVE lies on this distribution: 14% of detached houses are smaller than 3 SHERATON DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Reading.

3 SHERATON DRIVE: Plot and Title Map

3 SHERATON DRIVE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 3 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 3 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 3 SHERATON DRIVE?

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