56, NEW LANE HILL, TILEHURST, READING, RG30 4JP - £625,000

56 NEW LANE HILL is a very large extended detached house of 160m², built sometime between 1950 and 1966. It was last sold for £625,000 in November 2018, which was around 3% above the average November 2018 detached price in the Reading local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.

56 NEW LANE HILL Sold Prices

Land registry data shows two sales for 56 NEW LANE HILL 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. Both of the two 56 NEW LANE HILL 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
2018 30 NOV	£625,000	£609,428	3% above HPI
2012 14 DEC	£435,000	£403,576	8% above HPI

56 NEW LANE HILL 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 56 NEW LANE HILL sales from December 2012 and November 2018 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 December 2012 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the November 2018 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 56 NEW LANE HILL?

56 NEW LANE HILL is 160m², which includes one extension, according to the EPC inspection conducted in August 2012. 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 56 NEW LANE HILL lies on this distribution: 80% of detached houses are smaller than 56 NEW LANE HILL, and 19% of houses are larger. Note that EPC data is not available for all properties in Reading.

56 NEW LANE HILL: Plot and Title Map

56 NEW LANE HILL sits on a plot of roughly 0.312 of an acre, or 1,262m². The below map shows the location of 56 NEW LANE HILL, 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 56 NEW LANE HILL). 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 56 NEW LANE HILL?

56 NEW LANE HILL is located in TILEHURST, in the RG30 postcode district. The below map shows the position of No. 56 on NEW LANE HILL.