FIVEWAYS, THE COMMON, SILCHESTER, READING, RG7 2PH - £500,000

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

FIVEWAYS is a very small extended detached house of 98m², built sometime before 1900. It was last sold for £500,000 in June 2021, which was around 7% below the average June 2021 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

FIVEWAYS Sold Prices

Land registry data shows six sales for FIVEWAYS since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Basingstoke and Deane local authority area for the corresponding sale date. Most of the six FIVEWAYS sales were for below 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 28 JUN	£500,000	£535,119	7% below HPI
2015 12 OCT	£465,000	£458,170	1% above HPI
2014 12 DEC	£418,000	£423,249	1% below HPI
2003 3 OCT	£312,000	£306,871	2% above HPI
2000 8 FEB	£160,000	£193,031	17% below HPI
1999 10 AUG	£122,600	£182,841	33% below HPI

FIVEWAYS 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 six FIVEWAYS sales between August 1999 and June 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 October 2015 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the June 2021 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is FIVEWAYS?

FIVEWAYS is 98m², which includes two extensions, according to the EPC inspection conducted in June 2014. This puts it in the smallest 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 FIVEWAYS lies on this distribution: 8% of detached houses are smaller than FIVEWAYS, and 92% of houses are larger. Note that EPC data is not available for all properties in Silchester.

FIVEWAYS: Plot and Title Map

FIVEWAYS sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of FIVEWAYS, 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 FIVEWAYS). 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 FIVEWAYS?

FIVEWAYS is located on THE COMMON in SILCHESTER, in the RG7 postcode district. The below map shows the position of FIVEWAYS on THE COMMON.