6, LAMBOURNE CLOSE, TILEHURST, READING, RG31 5BE - £475,000

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

6 LAMBOURNE CLOSE is a very small extended detached house of 91m², built sometime between 1983 and 1990. It was last sold for £475,000 in July 2023, which was around 31% below the average July 2023 detached price in the Reading local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

6 LAMBOURNE CLOSE Sold Prices

Land registry data shows three sales for 6 LAMBOURNE CLOSE 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 6 LAMBOURNE 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
2023 21 JUL	£475,000	£688,012	31% below HPI
2016 17 JUN	£390,000	£590,977	34% below HPI
1997 12 DEC	£122,500	£154,104	21% below HPI

6 LAMBOURNE CLOSE 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 6 LAMBOURNE CLOSE sales between December 1997 and July 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 June 2016 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the July 2023 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 6 LAMBOURNE CLOSE?

6 LAMBOURNE CLOSE is 91m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the smallest 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 6 LAMBOURNE CLOSE lies on this distribution: 20% of detached houses are smaller than 6 LAMBOURNE CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Reading.

6 LAMBOURNE CLOSE: Plot and Title Map

6 LAMBOURNE CLOSE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 6 LAMBOURNE 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 6 LAMBOURNE 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 6 LAMBOURNE CLOSE?

6 LAMBOURNE CLOSE is located in TILEHURST, in the RG31 postcode district. The below map shows the position of No. 6 on LAMBOURNE CLOSE.