8, CHAFFINCH CLOSE, TILEHURST, READING, RG31 4ZD - £417,500

8 CHAFFINCH CLOSE is a small detached house of 99m², built sometime between 1996 and 2002. It was last sold for £417,500 in September 2018, which was around 29% below the average September 2018 detached price in the West Berkshire local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.

8 CHAFFINCH CLOSE Sold Prices

Land registry data shows five sales for 8 CHAFFINCH CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. All of the five 8 CHAFFINCH 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 4 SEP	£417,500	£589,989	29% below HPI
2007 30 NOV	£329,950	£417,614	21% below HPI
2003 31 OCT	£247,000	£322,750	23% below HPI
1999 13 MAY	£137,000	£183,913	26% below HPI
1995 11 AUG	£110,000	£126,262	13% below HPI

8 CHAFFINCH CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Berkshire local authority area over time, sourced from the HPI. The five 8 CHAFFINCH CLOSE sales between August 1995 and September 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 November 2007 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2018 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 8 CHAFFINCH CLOSE?

8 CHAFFINCH CLOSE is 99m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 30% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 8 CHAFFINCH CLOSE lies on this distribution: 28% of detached houses are smaller than 8 CHAFFINCH CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Reading.

8 CHAFFINCH CLOSE: Plot and Title Map

8 CHAFFINCH CLOSE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 8 CHAFFINCH 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 8 CHAFFINCH 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 8 CHAFFINCH CLOSE?

8 CHAFFINCH CLOSE is located in TILEHURST, in the RG31 postcode district. The below map shows the position of No. 8 on CHAFFINCH CLOSE.