8, TEAL GROVE, SHINFIELD, READING, RG2 9AZ - £493,000

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 TEAL GROVE is a small extended detached house of 120m², built sometime between 2003 and 2006. It was last sold for £493,000 in January 2020, which was around 21% below the average January 2020 detached price in the Wokingham local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

8 TEAL GROVE Sold Prices

Land registry data shows two sales for 8 TEAL GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. Both of the two 8 TEAL GROVE 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
2020 10 JAN	£493,000	£621,637	21% below HPI
2005 15 SEP	£355,000	£366,797	3% below HPI

8 TEAL GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wokingham local authority area over time, sourced from the HPI. The two 8 TEAL GROVE sales from September 2005 and January 2020 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 September 2005 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the January 2020 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 8 TEAL GROVE?

8 TEAL GROVE is 120m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the smallest 40% of detached houses in Shinfield, based on EPC data. The below chart shows the distribution of detached houses by size in Shinfield, and where 8 TEAL GROVE lies on this distribution: 39% of detached houses are smaller than 8 TEAL GROVE, and 61% of houses are larger. Note that EPC data is not available for all properties in Shinfield.

8 TEAL GROVE: Plot and Title Map

8 TEAL GROVE sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of 8 TEAL GROVE, 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 TEAL GROVE). 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 TEAL GROVE?

8 TEAL GROVE is located in SHINFIELD, in the RG2 postcode district. The below map shows the position of No. 8 on TEAL GROVE.