5, MYRTLE CLOSE, TILEHURST, READING, RG31 6GQ - £365,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 MYRTLE CLOSE is a very small extended detached house of 75m², built sometime between 1983 and 1990, which could now be worth an estimated £434,936. It was last sold for £365,000 in April 2018, which was around 37% below the average April 2018 detached price in the West Berkshire local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

5 MYRTLE CLOSE Sold Prices

Land registry data shows two sales for 5 MYRTLE CLOSE since 1^st 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 5 MYRTLE CLOSE 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
2018 27 APR	£365,000	£582,420	37% below HPI
1995 8 NOV	£84,000	£130,086	35% below HPI

5 MYRTLE CLOSE 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 two 5 MYRTLE CLOSE sales from November 1995 and April 2018 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 November 1995 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the April 2018 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 5 MYRTLE CLOSE be worth now?

5 MYRTLE CLOSE might now be worth an estimated £434,936.

This is based on house price inflation of 19.2%, between April 2018 and December 2024, for detached houses, in the West Berkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.2% inflationary increase is applied to the most recent sale price for 5 MYRTLE CLOSE of £365,000 on 27th April 2018. For the value to have increased from £365,000 to £434,936 over the five years and four months to December 2024, the following assumptions must hold true:

• The value of 5 MYRTLE CLOSE has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The April 2018 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MYRTLE CLOSE has not materially changed since April 2018.

How Large is 5 MYRTLE CLOSE?

5 MYRTLE CLOSE is 75m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the smallest 10% of detached houses houses in Reading, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reading, and where 5 MYRTLE CLOSE lies on this distribution: 8% of detached houses houses are smaller than 5 MYRTLE CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Reading.

5 MYRTLE CLOSE: Plot and Title Map

5 MYRTLE CLOSE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 5 MYRTLE CLOSE, 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 5 MYRTLE CLOSE). 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 5 MYRTLE CLOSE?

5 MYRTLE CLOSE is located in TILEHURST, in the RG31 postcode district. The below map shows the position of No. 5 on MYRTLE CLOSE.