THE LILACS, WESTBURY LANE, PURLEY ON THAMES, READING, RG8 8DL - £697,500

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

THE LILACS is a large extended detached house of 156m², built sometime between 1930 and 1949. It was last sold for £697,500 in June 2022, which was around 7% above the average June 2022 detached price in the West Berkshire local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

THE LILACS Sold Prices

Land registry data shows two sales for THE LILACS 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. One of the two THE LILACS sales was for above the average price, whilst the other was 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
2022 22 JUN	£697,500	£653,729	7% above HPI
2012 13 JUL	£275,000	£409,353	33% below HPI

THE LILACS 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 THE LILACS sales from July 2012 and June 2022 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 2012 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2022 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is THE LILACS?

THE LILACS is 156m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the largest 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 THE LILACS lies on this distribution: 78% of detached houses are smaller than THE LILACS, and 22% of houses are larger. Note that EPC data is not available for all properties in Reading.

THE LILACS: Plot and Title Map

THE LILACS sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of THE LILACS, 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 THE LILACS). 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 THE LILACS?

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