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 WEALDEN WAY is a very small extended detached house of 74m², built sometime between 1967 and 1975. It was last sold for £76,000 in May 1996, which was around 35% below the average May 1996 detached price in the Reading local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 8 WEALDEN WAY since 1st 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 WEALDEN 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 |
---|---|---|---|
1996 3 MAY | £76,000 | £117,462 | 35% below HPI |
1995 30 JUN | £76,000 | £117,520 | 35% below HPI |
The below graph shows the average detached house price in the Reading local authority area over time, sourced from the HPI. The two 8 WEALDEN WAY sales from June 1995 and May 1996 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 June 1995 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the May 1996 sale, which was also at 35% below the HPI.
8 WEALDEN WAY is 74m², which includes one extension, according to the EPC inspection conducted in August 2018. 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 WEALDEN WAY lies on this distribution: 8% of detached houses are smaller than 8 WEALDEN WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Reading.
8 WEALDEN WAY sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 8 WEALDEN 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 WEALDEN 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.
8 WEALDEN WAY is located in TILEHURST, in the RG30 postcode district. The below map shows the position of No. 8 on WEALDEN WAY.