1, PENROSE AVENUE, WOODLEY, READING, RG5 3PA - £577,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 PENROSE AVENUE is a midsized detached house of 115m², built sometime between 1950 and 1966. It was last sold for £577,000 in August 2015, which was around 3% above the average August 2015 detached price in the Wokingham local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

1 PENROSE AVENUE Sold Prices

Land registry data shows two sales for 1 PENROSE AVENUE 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. One of the two 1 PENROSE AVENUE sales was for above the average price, whilst the other was 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
2015 11 AUG	£577,000	£562,405	3% above HPI
2013 22 FEB	£367,500	£422,294	13% below HPI

1 PENROSE AVENUE 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 PENROSE AVENUE sales from February 2013 and August 2015 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 February 2013 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2015 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 1 PENROSE AVENUE?

1 PENROSE AVENUE is 115m² according to the EPC inspection conducted in July 2012. This puts it in the largest 50% 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 PENROSE AVENUE lies on this distribution: 50% of detached houses are smaller than 1 PENROSE AVENUE, and 50% of houses are larger. Note that EPC data is not available for all properties in Woodley.

1 PENROSE AVENUE: Plot and Title Map

1 PENROSE AVENUE sits on a plot of roughly 0.160 of an acre, or 649m². The below map shows the location of 1 PENROSE AVENUE, 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 PENROSE AVENUE). 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 PENROSE AVENUE?

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