TOFINO, READES LANE, GALLOWSTREE COMMON, READING, RG4 9DP - £400,000

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

TOFINO is a very small detached house of 30m², built sometime between 1983 and 1990. It was last sold for £400,000 in September 2013, which was around 20% below the average September 2013 detached price in the South Oxfordshire local authority area. The most recent EPC inspection was December 2012, where the current energy rating was F, and the potential energy rating was C.

TOFINO Sold Prices

Land registry data shows two sales for TOFINO since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Oxfordshire local authority area for the corresponding sale date. Both of the two TOFINO sales were 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
2013 6 SEP	£400,000	£499,812	20% below HPI
1997 1 MAY	£155,000	£158,630	2% below HPI

TOFINO Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Oxfordshire local authority area over time, sourced from the HPI. The two TOFINO sales from May 1997 and September 2013 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 May 1997 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the September 2013 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is TOFINO?

TOFINO is 30m² according to the EPC inspection conducted in December 2012. This puts it in the smallest 10% of detached houses in Gallowstree Common, based on EPC data. The below chart shows the distribution of detached houses by size in Gallowstree Common, and where TOFINO lies on this distribution: Less than 1% of detached houses are smaller than TOFINO, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Gallowstree Common.

TOFINO: Plot and Title Map

TOFINO sits on a plot of roughly 0.111 of an acre, or 447m². The below map shows the location of TOFINO, 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 TOFINO). 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 TOFINO?

TOFINO is located on READES LANE in GALLOWSTREE COMMON, in the RG4 postcode district. The below map shows the position of TOFINO on READES LANE.