78, CHAPEL HILL, TILEHURST, READING, RG31 5DQ - £485,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

78 CHAPEL HILL is a midsized extended detached house of 120m², built sometime between 1967 and 1975, which could now be worth an estimated £541,664. It was last sold for £485,000 in January 2021, which was around 22% below the average January 2021 detached price in the Reading local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

78 CHAPEL HILL Sold Prices

Land registry data shows four sales for 78 CHAPEL HILL since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Reading local authority area for the corresponding sale date. All of the four 78 CHAPEL HILL 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
2021 28 JAN	£485,000	£620,200	22% below HPI
2015 13 NOV	£450,000	£570,682	21% below HPI
2002 25 OCT	£225,000	£332,294	32% below HPI
2001 10 AUG	£185,000	£281,202	34% below HPI

78 CHAPEL HILL 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 four 78 CHAPEL HILL sales between August 2001 and January 2021 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 2015 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the January 2021 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 78 CHAPEL HILL be worth now?

78 CHAPEL HILL might now be worth an estimated £541,664.

This is based on house price inflation of 11.7%, between January 2021 and February 2025, for detached houses, in the Reading local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.7% inflationary increase is applied to the most recent sale price for 78 CHAPEL HILL of £485,000 on 28th January 2021. For the value to have increased from £485,000 to £541,664 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 78 CHAPEL HILL has moved in line with the HPI for detached houses in the Reading local authority area.
• The January 2021 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of 78 CHAPEL HILL has not materially changed since January 2021.

How Large is 78 CHAPEL HILL?

78 CHAPEL HILL is 120m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 50% 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 78 CHAPEL HILL lies on this distribution: 50% of detached houses houses are smaller than 78 CHAPEL HILL, and 49% of houses are larger. Note that EPC data is not available for all properties in Reading.

78 CHAPEL HILL: Plot and Title Map

78 CHAPEL HILL sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 78 CHAPEL HILL, 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 78 CHAPEL HILL). 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 78 CHAPEL HILL?

78 CHAPEL HILL is located in TILEHURST, in the RG31 postcode district. The below map shows the position of No. 78 on CHAPEL HILL.