8, FIVE ACRE, TILEHURST, READING, RG31 5WH - £243,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 FIVE ACRE is a very small extended semi-detached house of 83m², built sometime between 1983 and 1990. It was last sold for £243,000 in January 2011, which was around 40% below the average January 2011 detached price in the West Berkshire local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was B.

8 FIVE ACRE Sold Prices

Land registry data shows three sales for 8 FIVE ACRE 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 8 FIVE ACRE 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
2011 28 JAN	£243,000	£405,544	40% below HPI
2004 27 AUG	£205,000	£336,599	39% below HPI
1997 14 OCT	£103,500	£156,690	34% below HPI

8 FIVE ACRE 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 8 FIVE ACRE sales between October 1997 and January 2011 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 2004 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the January 2011 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 8 FIVE ACRE?

8 FIVE ACRE is 83m², which includes one extension, according to the EPC inspection conducted in January 2021. 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 8 FIVE ACRE lies on this distribution: 14% of detached houses are smaller than 8 FIVE ACRE, and 86% of houses are larger. Note that EPC data is not available for all properties in Reading.

8 FIVE ACRE: Plot and Title Map

8 FIVE ACRE sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 8 FIVE ACRE, 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 FIVE ACRE). 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 FIVE ACRE?

8 FIVE ACRE is located in TILEHURST, in the RG31 postcode district. The below map shows the position of No. 8 on FIVE ACRE.