MEADOW SWEET, BEALS LANE, TILEHURST, READING, RG31 5UD - £780,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

MEADOW SWEET is a very large detached house of 178m², built sometime between 1967 and 1975. It was last sold for £780,000 in December 2023, which was around 19% above the average December 2023 detached price in the West Berkshire local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was C.

MEADOW SWEET Sold Prices

Land registry data shows two sales for MEADOW SWEET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. Both of the two MEADOW SWEET 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
2023 13 DEC	£780,000	£657,633	19% above HPI
1999 6 JAN	£231,000	£178,503	29% above HPI

MEADOW SWEET 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 two MEADOW SWEET sales from January 1999 and December 2023 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 January 1999 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the December 2023 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is MEADOW SWEET?

MEADOW SWEET is 178m² according to the EPC inspection conducted in July 2022. This puts it in the largest 20% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where MEADOW SWEET lies on this distribution: 87% of detached houses are smaller than MEADOW SWEET, and 12% of houses are larger. Note that EPC data is not available for all properties in Reading.

MEADOW SWEET: Plot and Title Map

MEADOW SWEET sits on a plot of roughly 0.330 of an acre, or 1,337m². The below map shows the location of MEADOW SWEET, 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 MEADOW SWEET). 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 MEADOW SWEET?

MEADOW SWEET is located on BEALS LANE in TILEHURST, in the RG31 postcode district. The below map shows the position of MEADOW SWEET on BEALS LANE.