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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

PORTWAY is a very large extended detached house of 335m², built sometime before 1900, which could now be worth an estimated £1,366,837. It was last sold for £925,000 in August 2014, which was around 114% 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	£433,196	114% above HPI
1996 19 APR	£245,000	£124,825	96% 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 96% above the HPI. So the extrapolation line tracks at 96% above the HPI over time, until the August 2014 sale, where it rises to 114% above the HPI. The line then continues to track at 114% above the HPI.

What might PORTWAY be worth now?

PORTWAY might now be worth an estimated £1,366,837.

This is based on house price inflation of 47.8%, between August 2014 and February 2025, for detached houses, in the Basingstoke and Deane local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 47.8% inflationary increase is applied to the most recent sale price for PORTWAY of £925,000 on 19th August 2014. For the value to have increased from £925,000 to £1,366,837 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of PORTWAY has moved in line with the HPI for detached houses in the Basingstoke and Deane local authority area.
• The August 2014 sale price of £925,000 represented a fair market value for the property.
• The size, condition, and specification of PORTWAY has not materially changed since August 2014.

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 houses in Silchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Silchester, and where PORTWAY lies on this distribution: 98% of detached houses 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.