TIMBRILS, OAKSIDE WAY, SHINFIELD, READING, RG2 9BJ - £685,000

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.

TIMBRILS is a large extended detached house of 150m², built sometime between 1976 and 1982, which could now be worth an estimated £814,098. It was last sold for £685,000 in April 2021, which was around 5% above the average April 2021 detached price in the Wokingham local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was C.

TIMBRILS Sold Prices

Land registry data shows two sales for TIMBRILS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. One of the two TIMBRILS sales was for above the average price, whilst the other was roughly equal to 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
2021 6 APR	£685,000	£650,016	5% above HPI
2012 14 NOV	£435,000	£435,266	Close to HPI

TIMBRILS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wokingham local authority area over time, sourced from the HPI. The two TIMBRILS sales from November 2012 and April 2021 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 November 2012 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the April 2021 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might TIMBRILS be worth now?

TIMBRILS might now be worth an estimated £814,098.

This is based on house price inflation of 18.8%, between April 2021 and July 2025, for detached houses, in the Wokingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.8% inflationary increase is applied to the most recent sale price for TIMBRILS of £685,000 on 6th April 2021. For the value to have increased from £685,000 to £814,098 over the three years and nine months to July 2025, the following assumptions must hold true:

• The value of TIMBRILS has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The April 2021 sale price of £685,000 represented a fair market value for the property.
• The size, condition, and specification of TIMBRILS has not materially changed since April 2021.

How Large is TIMBRILS?

TIMBRILS is 150m², which includes two extensions, according to the EPC inspection conducted in July 2012. 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 TIMBRILS lies on this distribution: 74% of detached houses houses are smaller than TIMBRILS, and 26% of houses are larger. Note that EPC data is not available for all properties in Reading.

TIMBRILS: Plot and Title Map

TIMBRILS sits on a plot of roughly 0.277 of an acre, or 1,121m². The below map shows the location of TIMBRILS, 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 TIMBRILS). 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 TIMBRILS?

TIMBRILS is located on OAKSIDE WAY in SHINFIELD, in the RG2 postcode district. The below map shows the position of TIMBRILS on OAKSIDE WAY.