PORTWAY, HOLLY LANE, SILCHESTER, READING, RG7 2NA - £925,000

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

PORTWAY is a very large extended detached house of 335m², built sometime before 1900. It was last sold for £925,000 in August 2014, which was around 122% above the average August 2014 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.

PORTWAY Sold Prices

Land registry data shows two sales for PORTWAY 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 PORTWAY 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
2014 19 AUG	£925,000	£416,196	122% above HPI
1996 19 APR	£245,000	£119,926	104% above HPI

PORTWAY 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 PORTWAY sales from April 1996 and August 2014 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 April 1996 sale was for 104% above the HPI. So the extrapolation line tracks at 104% above the HPI over time, until the August 2014 sale, where it rises to 122% above the HPI. The line then continues to track at 122% above the HPI.

How Large is PORTWAY?

PORTWAY is 335m², which includes two extensions, according to the EPC inspection conducted in October 2022. This puts it in the largest 10% of detached houses in Silchester, based on EPC data. The below chart shows the distribution of detached houses by size in Silchester, and where PORTWAY lies on this distribution: 98% of detached houses are smaller than PORTWAY, and 2% of houses are larger. Note that EPC data is not available for all properties in Silchester.

PORTWAY: Plot and Title Map

PORTWAY sits on a plot of roughly 0.437 of an acre, or 1,769m². The below map shows the location of PORTWAY, 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 PORTWAY). 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 PORTWAY?

PORTWAY is located on HOLLY LANE in SILCHESTER, in the RG7 postcode district. The below map shows the position of PORTWAY on HOLLY LANE.