1, COMET WAY, WOODLEY, READING, RG5 4NZ - £427,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 COMET WAY is a small extended detached house of 104m², built sometime between 1996 and 2002. It was last sold for £427,500 in April 2017, which was around 31% below the average April 2017 detached price in the Wokingham local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

1 COMET WAY Sold Prices

Land registry data shows six sales for 1 COMET WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the six 1 COMET WAY 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
2017 28 APR	£427,500	£617,510	31% below HPI
2014 27 AUG	£375,000	£504,363	26% below HPI
2011 1 FEB	£250,000	£413,114	39% below HPI
2009 1 MAY	£242,000	£356,617	32% below HPI
2001 14 SEP	£193,250	£286,133	32% below HPI
1996 17 MAY	£89,000	£132,573	33% below HPI

1 COMET WAY 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 six 1 COMET WAY sales between May 1996 and April 2017 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 2014 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the April 2017 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 1 COMET WAY?

1 COMET WAY is 104m², which includes two extensions, according to the EPC inspection conducted in February 2022. This puts it in the smallest 40% of detached houses in Woodley, based on EPC data. The below chart shows the distribution of detached houses by size in Woodley, and where 1 COMET WAY lies on this distribution: 35% of detached houses are smaller than 1 COMET WAY, and 64% of houses are larger. Note that EPC data is not available for all properties in Woodley.

1 COMET WAY: Plot and Title Map

1 COMET WAY sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 1 COMET WAY, 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 1 COMET WAY). 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 1 COMET WAY?

1 COMET WAY is located in WOODLEY, in the RG5 postcode district. The below map shows the position of No. 1 on COMET WAY.