GLEBE COTTAGE, WESTBURY LANE, PURLEY ON THAMES, READING, RG8 8DL - £650,000

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

GLEBE COTTAGE is a large extended detached house of 152m², built sometime between 1950 and 1966. It was last sold for £650,000 in October 2022, which was around 4% below the average October 2022 detached price in the West Berkshire local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

GLEBE COTTAGE Sold Prices

Land registry data shows three sales for GLEBE COTTAGE 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 GLEBE COTTAGE 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
2022 13 OCT	£650,000	£673,672	4% below HPI
2018 18 SEP	£490,000	£589,989	17% below HPI
2000 11 MAY	£182,500	£232,001	21% below HPI

GLEBE COTTAGE 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 GLEBE COTTAGE sales between May 2000 and October 2022 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 2018 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2022 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is GLEBE COTTAGE?

GLEBE COTTAGE is 152m², which includes two extensions, according to the EPC inspection conducted in April 2018. This puts it in the largest 30% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where GLEBE COTTAGE lies on this distribution: 75% of detached houses are smaller than GLEBE COTTAGE, and 24% of houses are larger. Note that EPC data is not available for all properties in Reading.

GLEBE COTTAGE: Plot and Title Map

GLEBE COTTAGE sits on a plot of roughly 0.124 of an acre, or 500m². The below map shows the location of GLEBE COTTAGE, 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 GLEBE COTTAGE). 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 GLEBE COTTAGE?

GLEBE COTTAGE is located on WESTBURY LANE in PURLEY ON THAMES, in the RG8 postcode district. The below map shows the position of GLEBE COTTAGE on WESTBURY LANE.