34, NEW LANE HILL, TILEHURST, READING, RG30 4JP - £500,000

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

34 NEW LANE HILL is a large extended detached house of 140m², built sometime between 1976 and 1982, which could now be worth an estimated £684,173. It was last sold for £500,000 in May 2015, which was around 2% below the average May 2015 detached price in the Reading local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

34 NEW LANE HILL Sold Prices

Land registry data shows two sales for 34 NEW LANE 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. One of the two 34 NEW LANE HILL sales was for below the average price, whilst the other was for above 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
2015 6 MAY	£500,000	£510,392	2% below HPI
2007 20 JUN	£429,950	£398,628	8% above HPI

34 NEW LANE 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 34 NEW LANE HILL sales from June 2007 and May 2015 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 June 2007 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the May 2015 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 34 NEW LANE HILL be worth now?

34 NEW LANE HILL might now be worth an estimated £684,173.

This is based on house price inflation of 36.8%, between May 2015 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 36.8% inflationary increase is applied to the most recent sale price for 34 NEW LANE HILL of £500,000 on 6th May 2015. For the value to have increased from £500,000 to £684,173 over the eight years and five months to December 2024, the following assumptions must hold true:

• The value of 34 NEW LANE HILL has moved in line with the HPI for detached houses in the Reading local authority area.
• The May 2015 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 34 NEW LANE HILL has not materially changed since May 2015.

How Large is 34 NEW LANE HILL?

34 NEW LANE HILL is 140m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 40% 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 34 NEW LANE HILL lies on this distribution: 67% of detached houses houses are smaller than 34 NEW LANE HILL, and 32% of houses are larger. Note that EPC data is not available for all properties in Reading.

34 NEW LANE HILL: Plot and Title Map

34 NEW LANE HILL sits on a plot of roughly 0.198 of an acre, or 801m². The below map shows the location of 34 NEW LANE 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 34 NEW LANE 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 34 NEW LANE HILL?

34 NEW LANE HILL is located in TILEHURST, in the RG30 postcode district. The below map shows the position of No. 34 on NEW LANE HILL.