45, LOWER ELMSTONE DRIVE, TILEHURST, READING, RG31 5EB - £390,000

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

45 LOWER ELMSTONE DRIVE is a small detached house of 98m², built sometime between 1967 and 1975. It was last sold for £390,000 in September 2020, which was around 35% below the average September 2020 detached price in the Reading local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

45 LOWER ELMSTONE DRIVE Sold Prices

Land registry data shows three sales for 45 LOWER ELMSTONE 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 Reading local authority area for the corresponding sale date. All of the three 45 LOWER ELMSTONE 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
2020 18 SEP	£390,000	£597,931	35% below HPI
2017 3 FEB	£365,000	£604,017	40% below HPI
2013 14 MAR	£260,000	£408,219	36% below HPI

45 LOWER ELMSTONE DRIVE 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 45 LOWER ELMSTONE DRIVE sales between March 2013 and September 2020 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 February 2017 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the September 2020 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 45 LOWER ELMSTONE DRIVE?

45 LOWER ELMSTONE DRIVE is 98m² according to the EPC inspection conducted in August 2020. 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 45 LOWER ELMSTONE DRIVE lies on this distribution: 27% of detached houses are smaller than 45 LOWER ELMSTONE DRIVE, and 73% of houses are larger. Note that EPC data is not available for all properties in Reading.

45 LOWER ELMSTONE DRIVE: Plot and Title Map

45 LOWER ELMSTONE DRIVE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 45 LOWER ELMSTONE 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 45 LOWER ELMSTONE 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 45 LOWER ELMSTONE DRIVE?

45 LOWER ELMSTONE DRIVE is located in TILEHURST, in the RG31 postcode district. The below map shows the position of No. 45 on LOWER ELMSTONE DRIVE.