1, THE RIDGEWAY, WOODLEY, READING, RG5 3QD - £645,000

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 THE RIDGEWAY is a very large extended detached house of 191m², built sometime between 1930 and 1949. It was last sold for £645,000 in September 2020, which was around 2% above the average September 2020 detached price in the Wokingham local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was C.

1 THE RIDGEWAY Sold Prices

Land registry data shows three sales for 1 THE RIDGEWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. Two of the three 1 THE RIDGEWAY sales were for above the average price, whilst one 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
2020 17 SEP	£645,000	£633,643	2% above HPI
2010 12 NOV	£495,000	£414,839	19% above HPI
1999 17 DEC	£183,000	£225,923	19% below HPI

1 THE RIDGEWAY 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 three 1 THE RIDGEWAY sales between December 1999 and September 2020 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 November 2010 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the September 2020 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 1 THE RIDGEWAY?

1 THE RIDGEWAY is 191m², which includes three extensions, according to the EPC inspection conducted in October 2019. This puts it in the largest 10% 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 THE RIDGEWAY lies on this distribution: 94% of detached houses are smaller than 1 THE RIDGEWAY, and 5% of houses are larger. Note that EPC data is not available for all properties in Woodley.

1 THE RIDGEWAY: Plot and Title Map

1 THE RIDGEWAY sits on a plot of roughly 0.262 of an acre, or 1,059m². The below map shows the location of 1 THE RIDGEWAY, 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 THE RIDGEWAY). 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 THE RIDGEWAY?

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