351, THE MEADWAY, TILEHURST, READING, RG30 4NU - £625,000

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

351 THE MEADWAY is a very small detached house of 75m², built sometime between 1950 and 1966. It was last sold for £625,000 in April 2023, which was around 8% below the average April 2023 detached price in the West Berkshire local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

351 THE MEADWAY Sold Prices

Land registry data shows two sales for 351 THE MEADWAY 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 351 THE MEADWAY 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
2023 6 APR	£625,000	£676,066	8% below HPI
1995 20 DEC	£117,500	£125,407	6% below HPI

351 THE MEADWAY 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 351 THE MEADWAY sales from December 1995 and April 2023 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 December 1995 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the April 2023 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 351 THE MEADWAY?

351 THE MEADWAY is 75m² according to the EPC inspection conducted in September 2022. 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 351 THE MEADWAY lies on this distribution: 8% of detached houses are smaller than 351 THE MEADWAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Reading.

351 THE MEADWAY: Plot and Title Map

351 THE MEADWAY sits on a plot of roughly 0.332 of an acre, or 1,343m². The below map shows the location of 351 THE MEADWAY, 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 351 THE MEADWAY). 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 351 THE MEADWAY?

351 THE MEADWAY is located in TILEHURST, in the RG30 postcode district. The below map shows the position of No. 351 on THE MEADWAY.