38, OAK TREE ROAD, TILEHURST, READING, RG31 6JX - £820,000

38 OAK TREE ROAD is a very large extended detached house of 168m², built sometime between 1900 and 1929. It was last sold for £820,000 in August 2022, which was around 19% above the average August 2022 detached price in the Reading local authority area. The most recent EPC inspection was May 2014, where the current energy rating was F, and the potential energy rating was C.

38 OAK TREE ROAD Sold Prices

Land registry data shows two sales for 38 OAK TREE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Reading local authority area for the corresponding sale date. One of the two 38 OAK TREE ROAD 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
2022 5 AUG	£820,000	£689,228	19% above HPI
2014 3 OCT	£480,000	£481,484	Close to HPI

38 OAK TREE ROAD 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 two 38 OAK TREE ROAD sales from October 2014 and August 2022 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 October 2014 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2022 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 38 OAK TREE ROAD?

38 OAK TREE ROAD is 168m², which includes one extension, according to the EPC inspection conducted in May 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 38 OAK TREE ROAD lies on this distribution: 84% of detached houses are smaller than 38 OAK TREE ROAD, and 16% of houses are larger. Note that EPC data is not available for all properties in Reading.

38 OAK TREE ROAD: Plot and Title Map

38 OAK TREE ROAD sits on a plot of roughly 0.132 of an acre, or 535m². The below map shows the location of 38 OAK TREE ROAD, 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 38 OAK TREE ROAD). 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 38 OAK TREE ROAD?

38 OAK TREE ROAD is located in TILEHURST, in the RG31 postcode district. The below map shows the position of No. 38 on OAK TREE ROAD.