161, PARK LANE, TILEHURST, READING, RG31 4DR - £353,500

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.

161 PARK LANE is a small extended terraced house of 108m², built sometime between 1930 and 1949, which could now be worth an estimated £463,084. It was last sold for £353,500 in September 2015, which was around 34% above the average September 2015 terraced price in the Reading local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

161 PARK LANE Sold Prices

Land registry data shows two sales for 161 PARK LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Reading local authority area for the corresponding sale date. Both of the two 161 PARK LANE 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
2015 11 SEP	£353,500	£263,808	34% above HPI
2011 28 JUL	£248,000	£189,092	31% above HPI

161 PARK LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Reading local authority area over time, sourced from the HPI. The two 161 PARK LANE sales from July 2011 and September 2015 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 2011 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the September 2015 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 161 PARK LANE be worth now?

161 PARK LANE might now be worth an estimated £463,084.

This is based on house price inflation of 31%, between September 2015 and July 2025, for terraced houses, in the Reading local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31% inflationary increase is applied to the most recent sale price for 161 PARK LANE of £353,500 on 11th September 2015. For the value to have increased from £353,500 to £463,084 over the ten years and two months to July 2025, the following assumptions must hold true:

• The value of 161 PARK LANE has moved in line with the HPI for terraced houses in the Reading local authority area.
• The September 2015 sale price of £353,500 represented a fair market value for the property.
• The size, condition, and specification of 161 PARK LANE has not materially changed since September 2015.

How Large is 161 PARK LANE?

161 PARK LANE is 108m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 40% of terraced houses houses in Reading, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Reading, and where 161 PARK LANE lies on this distribution: 37% of terraced houses houses are smaller than 161 PARK LANE, and 63% of houses are larger. Note that EPC data is not available for all properties in Reading.

161 PARK LANE: Plot and Title Map

161 PARK LANE sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 161 PARK LANE, 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 161 PARK LANE). 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 161 PARK LANE?

161 PARK LANE is located in TILEHURST, in the RG31 postcode district. The below map shows the position of No. 161 on PARK LANE.