CHERRY TREES, MILL LANE, CALCOT, READING, RG31 7RS - £865,000

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

CHERRY TREES is a very large detached house of 255m², built sometime from 2007 onwards. It was last sold for £865,000 in September 2017, which was around 50% above the average September 2017 detached price in the West Berkshire local authority area. The most recent EPC inspection was November 2011, where the current energy rating was C, and the potential energy rating was C.

CHERRY TREES Sold Prices

Land registry data shows three sales for CHERRY TREES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. All of the three CHERRY TREES 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
2017 8 SEP	£865,000	£577,868	50% above HPI
2007 24 AUG	£805,000	£405,863	98% above HPI
2006 10 MAY	£617,000	£358,705	72% above HPI

CHERRY TREES 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 three CHERRY TREES sales between May 2006 and September 2017 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 2007 sale was for 98% above the HPI. So the extrapolation line tracks at 98% above the HPI over time, until the September 2017 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is CHERRY TREES?

CHERRY TREES is 255m² according to the EPC inspection conducted in November 2011. This puts it in the largest 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 CHERRY TREES lies on this distribution: 98% of detached houses are smaller than CHERRY TREES, and 2% of houses are larger. Note that EPC data is not available for all properties in Reading.

CHERRY TREES: Plot and Title Map

CHERRY TREES sits on a plot of roughly 0.226 of an acre, or 913m². The below map shows the location of CHERRY TREES, 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 TREES). 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 TREES?

CHERRY TREES is located on MILL LANE in CALCOT, in the RG31 postcode district. The below map shows the position of CHERRY TREES on MILL LANE.