3, WEALD RISE, TILEHURST, READING, RG30 6UY - £555,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 WEALD RISE is a large extended detached house of 156m², built sometime between 1900 and 1929, which could now be worth an estimated £560,508. It was last sold for £555,000 in January 2024, which was around 20% below the average January 2024 detached price in the Reading local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was C.

3 WEALD RISE Sold Prices

Land registry data shows three sales for 3 WEALD RISE 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 WEALD RISE 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
2024 12 JAN	£555,000	£691,530	20% below HPI
2000 21 SEP	£190,000	£266,979	29% below HPI
1996 29 JUL	£104,000	£120,520	14% below HPI

3 WEALD RISE 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 WEALD RISE sales between July 1996 and January 2024 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 September 2000 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the January 2024 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 3 WEALD RISE be worth now?

3 WEALD RISE might now be worth an estimated £560,508.

This is based on house price inflation of 1%, between January 2024 and December 2024, for detached houses, in the Reading local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1% inflationary increase is applied to the most recent sale price for 3 WEALD RISE of £555,000 on 12th January 2024. For the value to have increased from £555,000 to £560,508 over the one month to December 2024, the following assumptions must hold true:

• The value of 3 WEALD RISE has moved in line with the HPI for detached houses in the Reading local authority area.
• The January 2024 sale price of £555,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WEALD RISE has not materially changed since January 2024.

How Large is 3 WEALD RISE?

3 WEALD RISE is 156m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the largest 30% of detached houses houses in Reading, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reading, and where 3 WEALD RISE lies on this distribution: 78% of detached houses houses are smaller than 3 WEALD RISE, and 22% of houses are larger. Note that EPC data is not available for all properties in Reading.

3 WEALD RISE: Plot and Title Map

3 WEALD RISE sits on a plot of roughly 0.232 of an acre, or 938m². The below map shows the location of 3 WEALD RISE, 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 WEALD RISE). 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 WEALD RISE?

3 WEALD RISE is located in TILEHURST, in the RG30 postcode district. The below map shows the position of No. 3 on WEALD RISE.