LAZYHILL, HORSEPOND ROAD, GALLOWSTREE COMMON, READING, RG4 9BX - £750,000

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.

LAZYHILL is a small detached house of 127m², built sometime between 1930 and 1949, which could now be worth an estimated £856,889. It was last sold for £750,000 in June 2021, which was around 9% above the average June 2021 detached price in the South Oxfordshire local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was B.

LAZYHILL Sold Prices

Land registry data shows two sales for LAZYHILL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Oxfordshire local authority area for the corresponding sale date. Both of the two LAZYHILL 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 JUN	£750,000	£690,724	9% above HPI
1999 31 MAR	£218,600	£199,787	9% above HPI

LAZYHILL Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Oxfordshire local authority area over time, sourced from the HPI. The two LAZYHILL sales from March 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 March 1999 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the June 2021 sale, which was also at 9% above the HPI.

What might LAZYHILL be worth now?

LAZYHILL might now be worth an estimated £856,889.

This is based on house price inflation of 14.3%, between June 2021 and February 2025, for detached houses, in the South Oxfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.3% inflationary increase is applied to the most recent sale price for LAZYHILL of £750,000 on 30th June 2021. For the value to have increased from £750,000 to £856,889 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of LAZYHILL has moved in line with the HPI for detached houses in the South Oxfordshire local authority area.
• The June 2021 sale price of £750,000 represented a fair market value for the property.
• The size, condition, and specification of LAZYHILL has not materially changed since June 2021.

How Large is LAZYHILL?

LAZYHILL is 127m² according to the EPC inspection conducted in February 2021. This puts it in the smallest 40% of detached houses houses in Gallowstree Common, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gallowstree Common, and where LAZYHILL lies on this distribution: 34% of detached houses houses are smaller than LAZYHILL, and 66% of houses are larger. Note that EPC data is not available for all properties in Gallowstree Common.

LAZYHILL: Plot and Title Map

LAZYHILL sits on a plot of roughly 0.324 of an acre, or 1,313m². The below map shows the location of LAZYHILL, 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 LAZYHILL). 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 LAZYHILL?

LAZYHILL is located on HORSEPOND ROAD in GALLOWSTREE COMMON, in the RG4 postcode district. The below map shows the position of LAZYHILL on HORSEPOND ROAD.