8, SHIPTON CLOSE, TILEHURST, READING, RG31 6PE - £350,000

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

8 SHIPTON CLOSE is a very small extended detached house of 63m², built sometime between 1950 and 1966. It was last sold for £350,000 in March 2021, which was around 39% below the average March 2021 detached price in the West Berkshire local authority area. The most recent EPC inspection was December 2020, where the current energy rating was D, and the potential energy rating was C.

8 SHIPTON CLOSE Sold Prices

Land registry data shows three sales for 8 SHIPTON 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 West Berkshire local authority area for the corresponding sale date. All of the three 8 SHIPTON 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
2021 4 MAR	£350,000	£578,062	39% below HPI
2010 12 JUL	£247,000	£392,384	37% below HPI
1997 21 JUL	£102,000	£150,305	32% below HPI

8 SHIPTON CLOSE 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 SHIPTON CLOSE sales between July 1997 and March 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 July 2010 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the March 2021 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 8 SHIPTON CLOSE?

8 SHIPTON CLOSE is 63m², which includes one extension, according to the EPC inspection conducted in December 2020. This puts it in the smallest 10% 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 SHIPTON CLOSE lies on this distribution: 3% of detached houses are smaller than 8 SHIPTON CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Reading.

8 SHIPTON CLOSE: Plot and Title Map

8 SHIPTON CLOSE sits on a plot of roughly 0.162 of an acre, or 655m². The below map shows the location of 8 SHIPTON 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 8 SHIPTON 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 8 SHIPTON CLOSE?

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