BRIDLES VIEW, BYES LANE, SILCHESTER, READING, RG7 2QB - £1,050,000

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

BRIDLES VIEW is a very large extended detached house of 256m², built sometime between 1996 and 2002. It was last sold for £1,050,000 in March 2023, which was around 70% above the average March 2023 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was C.

BRIDLES VIEW Sold Prices

Land registry data shows three sales for BRIDLES VIEW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Basingstoke and Deane local authority area for the corresponding sale date. All of the three BRIDLES VIEW 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
2023 30 MAR	£1,050,000	£618,907	70% above HPI
2021 30 SEP	£1,300,000	£545,191	138% above HPI
2001 6 AUG	£310,000	£241,975	28% above HPI

BRIDLES VIEW 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 three BRIDLES VIEW sales between August 2001 and March 2023 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 2021 sale was for 138% above the HPI. So the extrapolation line tracks at 138% above the HPI over time, until the March 2023 sale, where it falls to 70% above the HPI. The line then continues to track at 70% above the HPI.

How Large is BRIDLES VIEW?

BRIDLES VIEW is 256m², which includes three extensions, according to the EPC inspection conducted in December 2022. This puts it in the largest 10% of detached houses in Silchester, based on EPC data. The below chart shows the distribution of detached houses by size in Silchester, and where BRIDLES VIEW lies on this distribution: 92% of detached houses are smaller than BRIDLES VIEW, and 8% of houses are larger. Note that EPC data is not available for all properties in Silchester.

BRIDLES VIEW: Plot and Title Map

BRIDLES VIEW sits on a plot of roughly 1.7 acres, or 6,920m². The below map shows the location of BRIDLES VIEW, 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 BRIDLES VIEW). 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 BRIDLES VIEW?

BRIDLES VIEW is located on BYES LANE in SILCHESTER, in the RG7 postcode district. The below map shows the position of BRIDLES VIEW on BYES LANE.