7, MEAD CLOSE, TILEHURST, READING, RG31 4ET - £285,000

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.

7 MEAD CLOSE is a very small semi-detached house of 73m², built sometime between 1967 and 1975, which could now be worth an estimated £344,723. It was last sold for £285,000 in April 2018, which was around 14% below the average April 2018 semi-detached price in the West Berkshire local authority area. The most recent EPC inspection was December 2017, where the current energy rating was E, and the potential energy rating was B.

7 MEAD CLOSE Sold Prices

Land registry data shows five sales for 7 MEAD CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the West Berkshire local authority area for the corresponding sale date. All of the five 7 MEAD 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
2018 6 APR	£285,000	£333,184	14% below HPI
2007 27 APR	£209,950	£230,650	9% below HPI
2004 15 OCT	£178,500	£203,766	12% below HPI
2002 2 DEC	£165,500	£181,926	9% below HPI
1996 2 OCT	£70,500	£73,529	4% below HPI

7 MEAD CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Berkshire local authority area over time, sourced from the HPI. The five 7 MEAD CLOSE sales between October 1996 and April 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 April 2007 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the April 2018 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 7 MEAD CLOSE be worth now?

7 MEAD CLOSE might now be worth an estimated £344,723.

This is based on house price inflation of 21%, between April 2018 and July 2025, for semi-detached houses, in the West Berkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21% inflationary increase is applied to the most recent sale price for 7 MEAD CLOSE of £285,000 on 6th April 2018. For the value to have increased from £285,000 to £344,723 over the six years and nine months to July 2025, the following assumptions must hold true:

• The value of 7 MEAD CLOSE has moved in line with the HPI for semi-detached houses in the West Berkshire local authority area.
• The April 2018 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MEAD CLOSE has not materially changed since April 2018.

How Large is 7 MEAD CLOSE?

7 MEAD CLOSE is 73m² according to the EPC inspection conducted in December 2017. This puts it in the smallest 10% of semi-detached houses houses in Reading, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Reading, and where 7 MEAD CLOSE lies on this distribution: 7% of semi-detached houses houses are smaller than 7 MEAD CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Reading.

7 MEAD CLOSE: Plot and Title Map

7 MEAD CLOSE sits on a plot of roughly 0.040 of an acre, or 161m². The below map shows the location of 7 MEAD 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 7 MEAD 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 7 MEAD CLOSE?

7 MEAD CLOSE is located in TILEHURST, in the RG31 postcode district. The below map shows the position of No. 7 on MEAD CLOSE.