38, CHICHESTER ROAD, TILEHURST, READING, RG30 4XB - £350,000

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

38 CHICHESTER ROAD is a small detached house of 100m², built sometime between 1967 and 1975. It was last sold for £350,000 in December 2019, which was around 41% below the average December 2019 detached price in the Reading local authority area. The most recent EPC inspection was January 2012, where the current energy rating was C, and the potential energy rating was C.

38 CHICHESTER ROAD Sold Prices

Land registry data shows three sales for 38 CHICHESTER ROAD 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 38 CHICHESTER ROAD 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
2019 13 DEC	£350,000	£591,563	41% below HPI
2014 1 DEC	£302,000	£493,063	39% below HPI
2012 30 OCT	£285,000	£402,434	29% below HPI

38 CHICHESTER ROAD 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 38 CHICHESTER ROAD sales between October 2012 and December 2019 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 2014 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the December 2019 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 38 CHICHESTER ROAD?

38 CHICHESTER ROAD is 100m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 30% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 38 CHICHESTER ROAD lies on this distribution: 29% of detached houses are smaller than 38 CHICHESTER ROAD, and 71% of houses are larger. Note that EPC data is not available for all properties in Reading.

38 CHICHESTER ROAD: Plot and Title Map

38 CHICHESTER ROAD sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 38 CHICHESTER ROAD, 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 38 CHICHESTER ROAD). 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 38 CHICHESTER ROAD?

38 CHICHESTER ROAD is located in TILEHURST, in the RG30 postcode district. The below map shows the position of No. 38 on CHICHESTER ROAD.