NEW TIMBER LODGE, LITTLE LONDON ROAD, SILCHESTER, READING, RG7 2PN - £630,000

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

NEW TIMBER LODGE is a large extended detached house of 164m², built sometime before 1900. It was last sold for £630,000 in November 2017, which was around 20% above the average November 2017 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

NEW TIMBER LODGE Sold Prices

Land registry data shows two sales for NEW TIMBER LODGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Basingstoke and Deane local authority area for the corresponding sale date. Both of the two NEW TIMBER LODGE 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
2017 8 NOV	£630,000	£527,190	20% above HPI
2003 27 JUN	£430,000	£293,369	47% above HPI

NEW TIMBER LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Basingstoke and Deane local authority area over time, sourced from the HPI. The two NEW TIMBER LODGE sales from June 2003 and November 2017 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 June 2003 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the November 2017 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is NEW TIMBER LODGE?

NEW TIMBER LODGE is 164m², which includes three extensions, according to the EPC inspection conducted in April 2017. This puts it in the largest 40% of detached houses in Silchester, based on EPC data. The below chart shows the distribution of detached houses by size in Silchester, and where NEW TIMBER LODGE lies on this distribution: 61% of detached houses are smaller than NEW TIMBER LODGE, and 39% of houses are larger. Note that EPC data is not available for all properties in Silchester.

NEW TIMBER LODGE: Plot and Title Map

NEW TIMBER LODGE sits on a plot of roughly 0.494 of an acre, or 1,997m². The below map shows the location of NEW TIMBER LODGE, 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 NEW TIMBER LODGE). 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 NEW TIMBER LODGE?

NEW TIMBER LODGE is located on LITTLE LONDON ROAD in SILCHESTER, in the RG7 postcode district. The below map shows the position of NEW TIMBER LODGE on LITTLE LONDON ROAD.