HOLLIES, BOUNDARY CLOSE, TILEHURST, READING, RG31 4ER - £565,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

HOLLIES is a midsized extended detached house of 122m², built sometime between 1967 and 1975, which could now be worth an estimated £676,013. It was last sold for £565,000 in August 2020, which was around 3% below the average August 2020 detached price in the West Berkshire local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

HOLLIES Sold Prices

Land registry data shows three sales for HOLLIES 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 HOLLIES 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
2020 24 AUG	£565,000	£580,046	3% below HPI
2004 19 AUG	£300,000	£347,797	14% below HPI
2001 19 DEC	£250,000	£283,836	12% below HPI

HOLLIES 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 HOLLIES sales between December 2001 and August 2020 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 2004 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2020 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might HOLLIES be worth now?

HOLLIES might now be worth an estimated £676,013.

This is based on house price inflation of 19.6%, between August 2020 and December 2024, for detached houses, in the West Berkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.6% inflationary increase is applied to the most recent sale price for HOLLIES of £565,000 on 24th August 2020. For the value to have increased from £565,000 to £676,013 over the three years and eight months to December 2024, the following assumptions must hold true:

• The value of HOLLIES has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The August 2020 sale price of £565,000 represented a fair market value for the property.
• The size, condition, and specification of HOLLIES has not materially changed since August 2020.

How Large is HOLLIES?

HOLLIES is 122m², which includes two extensions, according to the EPC inspection conducted in August 2018. This puts it in the largest 50% of detached houses houses in Reading, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reading, and where HOLLIES lies on this distribution: 52% of detached houses houses are smaller than HOLLIES, and 47% of houses are larger. Note that EPC data is not available for all properties in Reading.

HOLLIES: Plot and Title Map

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

HOLLIES is located on BOUNDARY CLOSE in TILEHURST, in the RG31 postcode district. The below map shows the position of HOLLIES on BOUNDARY CLOSE.