CHERRY ACRE, PURLEY VILLAGE, PURLEY ON THAMES, READING, RG8 8AF - £605,000

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

CHERRY ACRE is a very large extended detached house of 177m², built sometime between 1983 and 1990. It was last sold for £605,000 in June 2012, which was around 49% above the average June 2012 detached price in the West Berkshire local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

CHERRY ACRE Sold Prices

Land registry data shows two sales for CHERRY ACRE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. Both of the two CHERRY ACRE 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
2012 15 JUN	£605,000	£405,875	49% above HPI
2002 6 AUG	£480,000	£301,465	59% above HPI

CHERRY ACRE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Berkshire local authority area over time, sourced from the HPI. The two CHERRY ACRE sales from August 2002 and June 2012 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 August 2002 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the June 2012 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.

How Large is CHERRY ACRE?

CHERRY ACRE is 177m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the largest 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 CHERRY ACRE lies on this distribution: 87% of detached houses are smaller than CHERRY ACRE, and 13% of houses are larger. Note that EPC data is not available for all properties in Reading.

CHERRY ACRE: Plot and Title Map

CHERRY ACRE sits on a plot of roughly 0.655 of an acre, or 2,650m². The below map shows the location of CHERRY ACRE, 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 CHERRY ACRE). 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 CHERRY ACRE?

CHERRY ACRE is located on PURLEY VILLAGE in PURLEY ON THAMES, in the RG8 postcode district. The below map shows the position of CHERRY ACRE on PURLEY VILLAGE.