ERRADALE, KINGS ROAD, SILCHESTER, READING, RG7 2NP - £1,204,500

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.

ERRADALE is a very large extended detached house of 201m², built sometime between 1983 and 1990, which could now be worth an estimated £1,358,723. It was last sold for £1,204,500 in September 2021, which was around 112% above the average September 2021 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was C.

ERRADALE Sold Prices

Land registry data shows two sales for ERRADALE 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 ERRADALE 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
2021 30 SEP	£1,204,500	£567,460	112% above HPI
2013 8 AUG	£852,500	£395,333	116% above HPI

ERRADALE 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 ERRADALE sales from August 2013 and September 2021 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 2013 sale was for 116% above the HPI. So the extrapolation line tracks at 116% above the HPI over time, until the September 2021 sale, where it falls to 112% above the HPI. The line then continues to track at 112% above the HPI.

What might ERRADALE be worth now?

ERRADALE might now be worth an estimated £1,358,723.

This is based on house price inflation of 12.8%, between September 2021 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 12.8% inflationary increase is applied to the most recent sale price for ERRADALE of £1,204,500 on 30th September 2021. For the value to have increased from £1,204,500 to £1,358,723 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of ERRADALE has moved in line with the HPI for detached houses in the Basingstoke and Deane local authority area.
• The September 2021 sale price of £1,204,500 represented a fair market value for the property.
• The size, condition, and specification of ERRADALE has not materially changed since September 2021.

How Large is ERRADALE?

ERRADALE is 201m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the largest 20% 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 ERRADALE lies on this distribution: 81% of detached houses houses are smaller than ERRADALE, and 19% of houses are larger. Note that EPC data is not available for all properties in Silchester.

ERRADALE: Plot and Title Map

ERRADALE sits on a plot of roughly 0.572 of an acre, or 2,315m². The below map shows the location of ERRADALE, 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 ERRADALE). 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 ERRADALE?

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