41, LAMBOURNE CLOSE, TILEHURST, READING, RG31 5BE - £240,000

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.

41 LAMBOURNE CLOSE is a midsized flat of 59m², built sometime between 1976 and 1982, which could now be worth an estimated £240,897. It was last sold for £240,000 in April 2024, which was around 7% above the average April 2024 flat price in the Reading local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was C.

41 LAMBOURNE CLOSE Sold Prices

Land registry data shows five sales for 41 LAMBOURNE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average flat price in the Reading local authority area for the corresponding sale date. Most of the five 41 LAMBOURNE CLOSE 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
2024 12 APR	£240,000	£224,468	7% above HPI
2015 28 SEP	£192,500	£193,766	1% below HPI
2011 21 JAN	£153,500	£146,821	5% above HPI
2002 18 JAN	£113,000	£107,537	5% above HPI
1998 26 JUN	£65,500	£60,974	7% above HPI

What might 41 LAMBOURNE CLOSE be worth now?

41 LAMBOURNE CLOSE might now be worth an estimated £240,897.

This is based on house price inflation of 0.4%, between April 2024 and May 2026, for flats, in the Reading local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.4% inflationary increase is applied to the most recent sale price for 41 LAMBOURNE CLOSE of £240,000 on 12th April 2024. For the value to have increased from £240,000 to £240,897 over the one year and eleven months to May 2026, the following assumptions must hold true:

• The value of 41 LAMBOURNE CLOSE has moved in line with the HPI for flats in the Reading local authority area.
• The April 2024 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 41 LAMBOURNE CLOSE has not materially changed since April 2024.

How Large is 41 LAMBOURNE CLOSE?

41 LAMBOURNE CLOSE is 59m² according to the EPC inspection conducted in March 2020. This puts it in the largest 50% of flats in Reading, based on EPC data. 54% of flats are smaller than 41 LAMBOURNE CLOSE, and 44% of flats are larger. Note that EPC data is not available for all properties in Reading.

41 LAMBOURNE CLOSE: Plot

41 LAMBOURNE CLOSE sits on a plot of roughly 0.164 of an acre, or 665m².

Where is 41 LAMBOURNE CLOSE?

41 LAMBOURNE CLOSE is located in TILEHURST, in the RG31 postcode district.