7, SHERATON DRIVE, TILEHURST, READING, RG31 5UZ - £300,000

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

7 SHERATON DRIVE is a small extended detached house of 94m², built sometime between 1983 and 1990. It was last sold for £300,000 in October 2013, which was around 31% below the average October 2013 detached price in the West Berkshire local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was C.

7 SHERATON DRIVE Sold Prices

Land registry data shows three sales for 7 SHERATON 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 West Berkshire local authority area for the corresponding sale date. All of the three 7 SHERATON 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
2013 18 OCT	£300,000	£433,230	31% below HPI
1999 3 AUG	£143,950	£197,008	27% below HPI
1996 17 OCT	£94,500	£130,401	28% below HPI

7 SHERATON DRIVE 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 three 7 SHERATON DRIVE sales between October 1996 and October 2013 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 1999 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the October 2013 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 7 SHERATON DRIVE?

7 SHERATON DRIVE is 94m², which includes one extension, according to the EPC inspection conducted in May 2013. 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 7 SHERATON DRIVE lies on this distribution: 23% of detached houses are smaller than 7 SHERATON DRIVE, and 76% of houses are larger. Note that EPC data is not available for all properties in Reading.

7 SHERATON DRIVE: Plot and Title Map

7 SHERATON DRIVE sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 7 SHERATON 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 7 SHERATON 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 7 SHERATON DRIVE?

7 SHERATON DRIVE is located in TILEHURST, in the RG31 postcode district. The below map shows the position of No. 7 on SHERATON DRIVE.