MOLEHILL, WESTBURY LANE, PURLEY ON THAMES, READING, RG8 8DL - £450,000

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

MOLEHILL is a small detached house of 94m², built sometime between 1976 and 1982. It was last sold for £450,000 in May 2021, which was around 22% below the average May 2021 detached price in the West Berkshire local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

MOLEHILL Sold Prices

Land registry data shows three sales for MOLEHILL 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 MOLEHILL 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 26 MAY	£450,000	£576,820	22% below HPI
2014 23 JAN	£347,000	£435,382	20% below HPI
2005 26 MAY	£300,000	£337,653	11% below HPI

MOLEHILL 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 MOLEHILL sales between May 2005 and May 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 January 2014 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2021 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is MOLEHILL?

MOLEHILL is 94m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 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 MOLEHILL lies on this distribution: 23% of detached houses are smaller than MOLEHILL, and 76% of houses are larger. Note that EPC data is not available for all properties in Reading.

MOLEHILL: Plot and Title Map

MOLEHILL sits on a plot of roughly 0.151 of an acre, or 611m². The below map shows the location of MOLEHILL, 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 MOLEHILL). 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 MOLEHILL?

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