Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
357 THE MEADWAY is a very large extended detached house of 316m², built sometime between 1950 and 1966. It was last sold for £980,000 in January 2023, which was around 44% above the average January 2023 detached price in the West Berkshire local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 357 THE MEADWAY since 1st 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 357 THE MEADWAY sales were 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 |
---|---|---|---|
2023 9 JAN | £980,000 | £681,792 | 44% above HPI |
1996 17 JUL | £145,000 | £133,674 | 8% above HPI |
The below graph shows the average detached house price in the West Berkshire local authority area over time, sourced from the HPI. The two 357 THE MEADWAY sales from July 1996 and January 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 July 1996 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the January 2023 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.
357 THE MEADWAY is 316m², which includes three extensions, according to the EPC inspection conducted in November 2022. This puts it in the largest 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 357 THE MEADWAY lies on this distribution: 99% of detached houses are smaller than 357 THE MEADWAY, and 1% of houses are larger. Note that EPC data is not available for all properties in Reading.
357 THE MEADWAY sits on a plot of roughly 0.360 of an acre, or 1,457m². The below map shows the location of 357 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 357 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.
357 THE MEADWAY is located in TILEHURST, in the RG30 postcode district. The below map shows the position of No. 357 on THE MEADWAY.