8, THE CEDARS, TILEHURST, READING, RG31 6JW - £580,000

8 THE CEDARS is a very large extended detached house of 165m², built sometime between 1983 and 1990. It was last sold for £580,000 in July 2016, which was around 4% below the average July 2016 detached price in the Reading local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

8 THE CEDARS Sold Prices

Land registry data shows three sales for 8 THE CEDARS 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. One of the three 8 THE CEDARS sales was for below the average price, whilst two 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
2016 22 JUL	£580,000	£603,985	4% below HPI
2009 4 JUN	£450,000	£341,777	32% above HPI
1999 8 DEC	£245,000	£215,917	13% above HPI

8 THE CEDARS 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 8 THE CEDARS sales between December 1999 and July 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 June 2009 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the July 2016 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 8 THE CEDARS?

8 THE CEDARS is 165m², which includes two extensions, according to the EPC inspection conducted in March 2016. 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 8 THE CEDARS lies on this distribution: 83% of detached houses are smaller than 8 THE CEDARS, and 17% of houses are larger. Note that EPC data is not available for all properties in Reading.

8 THE CEDARS: Plot and Title Map

8 THE CEDARS sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 8 THE CEDARS, 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 THE CEDARS). 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 THE CEDARS?

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