THE OLD STORES, WHISTLERS LANE, SILCHESTER, READING, RG7 2NE - £1,150,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE OLD STORES is a large extended detached house of 188m², built sometime before 1900. It was last sold for £1,150,000 in November 2023, which was around 93% above the average November 2023 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was C.

THE OLD STORES Sold Prices

Land registry data shows four sales for THE OLD STORES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Basingstoke and Deane local authority area for the corresponding sale date. All of the four THE OLD STORES 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
2023 14 NOV	£1,150,000	£597,282	93% above HPI
2019 28 JUN	£852,500	£498,078	71% above HPI
2005 20 OCT	£560,000	£319,833	75% above HPI
1997 21 FEB	£230,000	£131,633	75% above HPI

THE OLD STORES 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 four THE OLD STORES sales between February 1997 and November 2023 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 June 2019 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the November 2023 sale, where it rises to 93% above the HPI. The line then continues to track at 93% above the HPI.

How Large is THE OLD STORES?

THE OLD STORES is 188m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the largest 30% of detached houses in Silchester, based on EPC data. The below chart shows the distribution of detached houses by size in Silchester, and where THE OLD STORES lies on this distribution: 71% of detached houses are smaller than THE OLD STORES, and 29% of houses are larger. Note that EPC data is not available for all properties in Silchester.

THE OLD STORES: Plot and Title Map

THE OLD STORES sits on a plot of roughly 0.151 of an acre, or 612m². The below map shows the location of THE OLD STORES, 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 OLD STORES). 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 OLD STORES?

THE OLD STORES is located on WHISTLERS LANE in SILCHESTER, in the RG7 postcode district. The below map shows the position of THE OLD STORES on WHISTLERS LANE.