1, MESSENGER ROAD, WOODLEY, READING, RG5 4TR - £470,000

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.

1 MESSENGER ROAD is a small detached house of 98m², which could now be worth an estimated £563,954. It was last sold for £470,000 in February 2021, which was around 27% below the average February 2021 detached price in the Wokingham local authority area. The most recent EPC inspection was February 2016, where the current energy rating was B, and the potential energy rating was B.

1 MESSENGER ROAD Sold Prices

Land registry data shows two sales for 1 MESSENGER ROAD 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 1 MESSENGER ROAD 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
2021 23 FEB	£470,000	£647,349	27% below HPI
2016 24 MAR	£435,950	£617,546	29% below HPI

1 MESSENGER ROAD 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 1 MESSENGER ROAD sales from March 2016 and February 2021 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 March 2016 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2021 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 1 MESSENGER ROAD be worth now?

1 MESSENGER ROAD might now be worth an estimated £563,954.

This is based on house price inflation of 20%, between February 2021 and February 2025, for detached houses, in the Wokingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20% inflationary increase is applied to the most recent sale price for 1 MESSENGER ROAD of £470,000 on 23rd February 2021. For the value to have increased from £470,000 to £563,954 over the four years to February 2025, the following assumptions must hold true:

• The value of 1 MESSENGER ROAD has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The February 2021 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MESSENGER ROAD has not materially changed since February 2021.

How Large is 1 MESSENGER ROAD?

1 MESSENGER ROAD is 98m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 30% of detached houses houses in Woodley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woodley, and where 1 MESSENGER ROAD lies on this distribution: 28% of detached houses houses are smaller than 1 MESSENGER ROAD, and 70% of houses are larger. Note that EPC data is not available for all properties in Woodley.

1 MESSENGER ROAD: Plot and Title Map

1 MESSENGER ROAD sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 1 MESSENGER ROAD, 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 MESSENGER ROAD). 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 MESSENGER ROAD?

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