39, SHERATON DRIVE, TILEHURST, READING, RG31 5UZ - £495,000

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

39 SHERATON DRIVE is a small extended detached house of 102m², built sometime between 1983 and 1990. It was last sold for £495,000 in February 2023, which was around 27% below the average February 2023 detached price in the West Berkshire local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

39 SHERATON DRIVE Sold Prices

Land registry data shows three sales for 39 SHERATON DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. All of the three 39 SHERATON DRIVE 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 14 FEB	£495,000	£681,408	27% below HPI
1998 11 DEC	£139,250	£179,763	23% below HPI
1997 23 MAY	£119,950	£144,415	17% below HPI

39 SHERATON DRIVE 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 three 39 SHERATON DRIVE sales between May 1997 and February 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 1998 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the February 2023 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 39 SHERATON DRIVE?

39 SHERATON DRIVE is 102m², which includes two extensions, according to the EPC inspection conducted in September 2021. This puts it in the smallest 40% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 39 SHERATON DRIVE lies on this distribution: 31% of detached houses are smaller than 39 SHERATON DRIVE, and 69% of houses are larger. Note that EPC data is not available for all properties in Reading.

39 SHERATON DRIVE: Plot and Title Map

39 SHERATON DRIVE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 39 SHERATON DRIVE, 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 39 SHERATON DRIVE). 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 39 SHERATON DRIVE?

39 SHERATON DRIVE is located in TILEHURST, in the RG31 postcode district. The below map shows the position of No. 39 on SHERATON DRIVE.