8, DUKES RIDE, SILCHESTER, READING, RG7 2PY - £355,000

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.

8 DUKES RIDE is a midsized detached house of 148m², built sometime between 1976 and 1982, which could now be worth an estimated £694,113. It was last sold for £355,000 in July 2009, which was around 8% above the average July 2009 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.

8 DUKES RIDE Sold Prices

Land registry data shows four sales for 8 DUKES RIDE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Basingstoke and Deane local authority area for the corresponding sale date. two of the four 8 DUKES RIDE sales were for above the average price, and four 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
2009 20 JUL	£355,000	£327,384	8% above HPI
2007 3 APR	£426,000	£365,237	17% above HPI
2004 23 SEP	£304,000	£336,403	10% below HPI
2001 14 DEC	£225,000	£257,100	12% below HPI

8 DUKES RIDE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Basingstoke and Deane local authority area over time, sourced from the HPI. The four 8 DUKES RIDE sales between December 2001 and July 2009 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 April 2007 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the July 2009 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 8 DUKES RIDE be worth now?

8 DUKES RIDE might now be worth an estimated £694,113.

This is based on house price inflation of 95.5%, between July 2009 and February 2025, for detached houses, in the Basingstoke and Deane local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 95.5% inflationary increase is applied to the most recent sale price for 8 DUKES RIDE of £355,000 on 20th July 2009. For the value to have increased from £355,000 to £694,113 over the sixteen years and five months to February 2025, the following assumptions must hold true:

• The value of 8 DUKES RIDE has moved in line with the HPI for detached houses in the Basingstoke and Deane local authority area.
• The July 2009 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 8 DUKES RIDE has not materially changed since July 2009.

How Large is 8 DUKES RIDE?

8 DUKES RIDE is 148m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 50% of detached houses houses in Silchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Silchester, and where 8 DUKES RIDE lies on this distribution: 49% of detached houses houses are smaller than 8 DUKES RIDE, and 51% of houses are larger. Note that EPC data is not available for all properties in Silchester.

8 DUKES RIDE: Plot and Title Map

8 DUKES RIDE sits on a plot of roughly 0.135 of an acre, or 547m². The below map shows the location of 8 DUKES RIDE, 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 8 DUKES RIDE). 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 8 DUKES RIDE?

8 DUKES RIDE is located in SILCHESTER, in the RG7 postcode district. The below map shows the position of No. 8 on DUKES RIDE.