3, THE CEDARS, TILEHURST, READING, RG31 6JW - £500,000

3 THE CEDARS is a very large extended detached house of 178m², built sometime between 1976 and 1982. It was last sold for £500,000 in September 2014, which was around 5% above the average September 2014 detached price in the Reading local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

3 THE CEDARS Sold Prices

Land registry data shows three sales for 3 THE CEDARS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Reading local authority area for the corresponding sale date. All of the three 3 THE CEDARS 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
2014 11 SEP	£500,000	£477,104	5% above HPI
1999 20 AUG	£235,000	£195,018	21% above HPI
1996 16 DEC	£153,000	£127,443	20% above HPI

3 THE CEDARS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Reading local authority area over time, sourced from the HPI. The three 3 THE CEDARS sales between December 1996 and September 2014 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 1999 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the September 2014 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 3 THE CEDARS?

3 THE CEDARS is 178m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the largest 20% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 3 THE CEDARS lies on this distribution: 88% of detached houses are smaller than 3 THE CEDARS, and 12% of houses are larger. Note that EPC data is not available for all properties in Reading.

3 THE CEDARS: Plot and Title Map

3 THE CEDARS sits on a plot of roughly 0.130 of an acre, or 525m². The below map shows the location of 3 THE CEDARS, 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 3 THE CEDARS). 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 3 THE CEDARS?

3 THE CEDARS is located in TILEHURST, in the RG31 postcode district. The below map shows the position of No. 3 on THE CEDARS.