1, IVYBANK, TILEHURST, READING, RG31 5WB - £315,000

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.

1 IVYBANK is a midsized extended detached house of 117m², built sometime between 1983 and 1990, which could now be worth an estimated £514,854. It was last sold for £315,000 in October 2012, which was around 27% below the average October 2012 detached price in the West Berkshire local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was D.

1 IVYBANK Sold Prices

Land registry data shows four sales for 1 IVYBANK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. All of the four 1 IVYBANK 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
2012 12 OCT	£315,000	£429,579	27% below HPI
2006 9 AUG	£299,950	£374,466	20% below HPI
2000 8 SEP	£185,500	£260,636	29% below HPI
1999 21 MAY	£148,000	£190,032	22% below HPI

1 IVYBANK 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 four 1 IVYBANK sales between May 1999 and October 2012 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 August 2006 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2012 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 1 IVYBANK be worth now?

1 IVYBANK might now be worth an estimated £514,854.

This is based on house price inflation of 63.4%, between October 2012 and March 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 63.4% inflationary increase is applied to the most recent sale price for 1 IVYBANK of £315,000 on 12th October 2012. For the value to have increased from £315,000 to £514,854 over the thirteen years and seven months to March 2025, the following assumptions must hold true:

• The value of 1 IVYBANK has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The October 2012 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 1 IVYBANK has not materially changed since October 2012.

How Large is 1 IVYBANK?

1 IVYBANK is 117m², which includes two extensions, according to the EPC inspection conducted in April 2011. This puts it in the smallest 50% 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 1 IVYBANK lies on this distribution: 48% of detached houses houses are smaller than 1 IVYBANK, and 52% of houses are larger. Note that EPC data is not available for all properties in Reading.

1 IVYBANK: Plot and Title Map

1 IVYBANK sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 1 IVYBANK, 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 1 IVYBANK). 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 1 IVYBANK?

1 IVYBANK is located in TILEHURST, in the RG31 postcode district. The below map shows the position of No. 1 on IVYBANK.