8, TALLIS LANE, READING, RG30 3EB - £415,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 TALLIS LANE is a midsized extended detached house of 120m², built sometime between 1967 and 1975, which could now be worth an estimated £466,504. It was last sold for £415,000 in March 2017, which was around 33% below the average March 2017 detached price in the Reading local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

8 TALLIS LANE Sold Prices

Land registry data shows two sales for 8 TALLIS LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Reading local authority area for the corresponding sale date. Both of the two 8 TALLIS LANE 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
2017 17 MAR	£415,000	£621,287	33% below HPI
1996 20 DEC	£101,000	£129,607	22% below HPI

8 TALLIS LANE 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 two 8 TALLIS LANE sales from December 1996 and March 2017 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 December 1996 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the March 2017 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 8 TALLIS LANE be worth now?

8 TALLIS LANE might now be worth an estimated £466,504.

This is based on house price inflation of 12.4%, between March 2017 and December 2024, 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 12.4% inflationary increase is applied to the most recent sale price for 8 TALLIS LANE of £415,000 on 17th March 2017. For the value to have increased from £415,000 to £466,504 over the six years and three months to December 2024, the following assumptions must hold true:

• The value of 8 TALLIS LANE has moved in line with the HPI for detached houses in the Reading local authority area.
• The March 2017 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 8 TALLIS LANE has not materially changed since March 2017.

How Large is 8 TALLIS LANE?

8 TALLIS LANE is 120m², which includes two extensions, according to the EPC inspection conducted in April 2016. 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 8 TALLIS LANE lies on this distribution: 50% of detached houses houses are smaller than 8 TALLIS LANE, and 49% of houses are larger. Note that EPC data is not available for all properties in Reading.

8 TALLIS LANE: Plot and Title Map

8 TALLIS LANE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 8 TALLIS LANE, 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 TALLIS LANE). 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 TALLIS LANE?

8 TALLIS LANE is located in READING, in the RG30 postcode district. The below map shows the position of No. 8 on TALLIS LANE.