8, TIPTREE CLOSE, LOWER EARLEY, READING, RG6 4HS - £545,000

8 TIPTREE CLOSE is a midsized extended detached house of 127m², built sometime between 1983 and 1990. It was last sold for £545,000 in February 2019, which was around 10% below the average February 2019 detached price in the Wokingham local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was C.

8 TIPTREE CLOSE Sold Prices

Land registry data shows two sales for 8 TIPTREE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. Both of the two 8 TIPTREE 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
2019 19 FEB	£545,000	£606,162	10% below HPI
1996 5 AUG	£127,950	£134,665	5% below HPI

8 TIPTREE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wokingham local authority area over time, sourced from the HPI. The two 8 TIPTREE CLOSE sales from August 1996 and February 2019 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 August 1996 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the February 2019 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 8 TIPTREE CLOSE?

8 TIPTREE CLOSE is 127m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the largest 50% 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 TIPTREE CLOSE lies on this distribution: 58% of detached houses are smaller than 8 TIPTREE CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Reading.

8 TIPTREE CLOSE: Plot and Title Map

8 TIPTREE CLOSE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 8 TIPTREE 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 TIPTREE 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 TIPTREE CLOSE?

8 TIPTREE CLOSE is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 8 on TIPTREE CLOSE.