ACRE HOUSE, KINGS ROAD, SILCHESTER, READING, RG7 2NP - £615,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

ACRE HOUSE is a very large extended detached house of 235m², built sometime between 1967 and 1975, which could now be worth an estimated £996,368. It was last sold for £615,000 in June 2013, which was around 56% above the average June 2013 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was April 2012, where the current energy rating was E, and the potential energy rating was C.

ACRE HOUSE Sold Prices

Land registry data shows two sales for ACRE HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Basingstoke and Deane local authority area for the corresponding sale date. Both of the two ACRE HOUSE sales were for above 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
2013 28 JUN	£615,000	£395,107	56% above HPI
1996 14 JUN	£205,000	£127,707	61% above HPI

ACRE HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Basingstoke and Deane local authority area over time, sourced from the HPI. The two ACRE HOUSE sales from June 1996 and June 2013 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 1996 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the June 2013 sale, where it falls to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might ACRE HOUSE be worth now?

ACRE HOUSE might now be worth an estimated £996,368.

This is based on house price inflation of 62%, between June 2013 and February 2025, for detached houses, in the Basingstoke and Deane local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 62% inflationary increase is applied to the most recent sale price for ACRE HOUSE of £615,000 on 28th June 2013. For the value to have increased from £615,000 to £996,368 over the twelve years and four months to February 2025, the following assumptions must hold true:

• The value of ACRE HOUSE has moved in line with the HPI for detached houses in the Basingstoke and Deane local authority area.
• The June 2013 sale price of £615,000 represented a fair market value for the property.
• The size, condition, and specification of ACRE HOUSE has not materially changed since June 2013.

How Large is ACRE HOUSE?

ACRE HOUSE is 235m², which includes two extensions, according to the EPC inspection conducted in April 2012. This puts it in the largest 10% of detached houses houses in Silchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Silchester, and where ACRE HOUSE lies on this distribution: 90% of detached houses houses are smaller than ACRE HOUSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Silchester.

ACRE HOUSE: Plot and Title Map

ACRE HOUSE sits on a plot of roughly 0.285 of an acre, or 1,152m². The below map shows the location of ACRE HOUSE, 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 ACRE HOUSE). 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 ACRE HOUSE?

ACRE HOUSE is located on KINGS ROAD in SILCHESTER, in the RG7 postcode district. The below map shows the position of ACRE HOUSE on KINGS ROAD.