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

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.

THE LILACS is a large extended detached house of 156m², built sometime between 1930 and 1949, which could now be worth an estimated £726,214. It was last sold for £697,500 in June 2022, which was around 3% 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	£675,478	3% above HPI
2012 13 JUL	£275,000	£422,971	35% 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 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the June 2022 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might THE LILACS be worth now?

THE LILACS might now be worth an estimated £726,214.

This is based on house price inflation of 4.1%, between June 2022 and February 2025, for detached houses, in the West Berkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.1% inflationary increase is applied to the most recent sale price for THE LILACS of £697,500 on 22nd June 2022. For the value to have increased from £697,500 to £726,214 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of THE LILACS has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The June 2022 sale price of £697,500 represented a fair market value for the property.
• The size, condition, and specification of THE LILACS has not materially changed since June 2022.

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 houses in Reading, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reading, and where THE LILACS lies on this distribution: 78% of detached houses 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.