5, WEALD RISE, TILEHURST, READING, RG30 6XB - £249,950

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

5 WEALD RISE is a large extended detached house of 159m², built sometime between 1950 and 1966. It was last sold for £249,950 in October 2003, which was around 22% below the average October 2003 detached price in the Reading local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was B.

5 WEALD RISE Sold Prices

Land registry data shows two sales for 5 WEALD RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Reading local authority area for the corresponding sale date. Both of the two 5 WEALD RISE 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
2003 15 OCT	£249,950	£320,073	22% below HPI
2000 11 FEB	£182,950	£226,126	19% below HPI

5 WEALD RISE 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 two 5 WEALD RISE sales from February 2000 and October 2003 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 2000 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2003 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 5 WEALD RISE?

5 WEALD RISE is 159m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the largest 20% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 5 WEALD RISE lies on this distribution: 80% of detached houses are smaller than 5 WEALD RISE, and 20% of houses are larger. Note that EPC data is not available for all properties in Reading.

5 WEALD RISE: Plot and Title Map

5 WEALD RISE sits on a plot of roughly 0.130 of an acre, or 528m². The below map shows the location of 5 WEALD RISE, 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 WEALD RISE). 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 WEALD RISE?

5 WEALD RISE is located in TILEHURST, in the RG30 postcode district. The below map shows the position of No. 5 on WEALD RISE.