OAK HOUSE, TUTTS CLUMP, READING, RG7 6JU - £990,000

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

OAK HOUSE is a very large extended detached house of 371m², built sometime between 2007 and 2011. It was last sold for £990,000 in March 2012, which was around 147% above the average March 2012 detached price in the West Berkshire local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

OAK HOUSE Sold Prices

Land registry data shows two sales for OAK HOUSE 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 OAK HOUSE 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
2012 16 MAR	£990,000	£400,692	147% above HPI
2003 25 JUL	£374,250	£324,505	15% above HPI

OAK HOUSE 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 OAK HOUSE sales from July 2003 and March 2012 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 July 2003 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the March 2012 sale, where it rises to 147% above the HPI. The line then continues to track at 147% above the HPI.

How Large is OAK HOUSE?

OAK HOUSE is 371m², which includes three extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 10% of detached houses in Tutts Clump, based on EPC data. The below chart shows the distribution of detached houses by size in Tutts Clump, and where OAK HOUSE lies on this distribution: More than 99% of detached houses are smaller than OAK HOUSE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Tutts Clump.

OAK HOUSE: Plot and Title Map

OAK HOUSE sits on a plot of roughly 0.558 of an acre, or 2,257m². The below map shows the location of OAK HOUSE, 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 OAK HOUSE). 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 OAK HOUSE?

OAK HOUSE is located in TUTTS CLUMP, in the RG7 postcode district. The below map shows the position of OAK HOUSE in TUTTS CLUMP.