5, TREE CLOSE, TILEHURST, READING, RG30 4TG - £366,000

5 TREE CLOSE is a very small detached house of 77m², built sometime between 1950 and 1966. It was last sold for £366,000 in June 2016, which was around 38% below the average June 2016 detached price in the Reading local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

5 TREE CLOSE Sold Prices

Land registry data shows three sales for 5 TREE CLOSE 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 5 TREE CLOSE 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
2016 3 JUN	£366,000	£590,977	38% below HPI
2000 5 JUL	£149,950	£255,350	41% below HPI
1997 31 JAN	£87,000	£127,318	32% below HPI

5 TREE CLOSE 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 5 TREE CLOSE sales between January 1997 and June 2016 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 2000 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the June 2016 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 5 TREE CLOSE?

5 TREE CLOSE is 77m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 10% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 5 TREE CLOSE lies on this distribution: 10% of detached houses are smaller than 5 TREE CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Reading.

5 TREE CLOSE: Plot and Title Map

5 TREE CLOSE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 5 TREE CLOSE, 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 5 TREE CLOSE). 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 5 TREE CLOSE?

5 TREE CLOSE is located in TILEHURST, in the RG30 postcode district. The below map shows the position of No. 5 on TREE CLOSE.