8, TILNEY WAY, LOWER EARLEY, READING, RG6 4AD - £488,500

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 TILNEY WAY is a very small detached house of 82m², built sometime between 1983 and 1990. It was last sold for £488,500 in July 2022, which was around 31% below the average July 2022 detached price in the Wokingham local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

8 TILNEY WAY Sold Prices

Land registry data shows two sales for 8 TILNEY WAY 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 TILNEY WAY 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
2022 29 JUL	£488,500	£704,361	31% below HPI
2018 6 NOV	£365,000	£624,956	42% below HPI

8 TILNEY WAY 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 TILNEY WAY sales from November 2018 and July 2022 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 November 2018 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the July 2022 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 8 TILNEY WAY?

8 TILNEY WAY is 82m² according to the EPC inspection conducted in October 2017. 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 TILNEY WAY lies on this distribution: 13% of detached houses are smaller than 8 TILNEY WAY, and 86% of houses are larger. Note that EPC data is not available for all properties in Reading.

8 TILNEY WAY: Plot and Title Map

8 TILNEY WAY sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 8 TILNEY WAY, 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 TILNEY WAY). 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 TILNEY WAY?

8 TILNEY WAY is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 8 on TILNEY WAY.