47, LONG LANE, TILEHURST, READING, RG31 6YN - £585,000

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

47 LONG LANE is a small extended detached house of 93m², built sometime between 1950 and 1966. It was last sold for £585,000 in May 2022, which was around 9% below the average May 2022 detached price in the West Berkshire local authority area. The most recent EPC inspection was February 2014, where the current energy rating was E, and the potential energy rating was B.

47 LONG LANE Sold Prices

Land registry data shows four sales for 47 LONG LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. The four 47 LONG LANE sales were a mix of below the average price, and roughly equal to 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
2022 10 MAY	£585,000	£643,534	9% below HPI
2016 4 AUG	£500,000	£557,130	10% below HPI
2014 21 JUL	£417,500	£452,918	8% below HPI
1998 13 MAR	£162,000	£161,679	Close to HPI

47 LONG LANE 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 four 47 LONG LANE sales between March 1998 and May 2022 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 August 2016 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2022 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 47 LONG LANE?

47 LONG LANE is 93m², which includes one extension, according to the EPC inspection conducted in February 2014. 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 47 LONG LANE lies on this distribution: 22% of detached houses are smaller than 47 LONG LANE, and 77% of houses are larger. Note that EPC data is not available for all properties in Reading.

47 LONG LANE: Plot and Title Map

47 LONG LANE sits on a plot of roughly 0.218 of an acre, or 881m². The below map shows the location of 47 LONG LANE, 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 47 LONG LANE). 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 47 LONG LANE?

47 LONG LANE is located in TILEHURST, in the RG31 postcode district. The below map shows the position of No. 47 on LONG LANE.