10, OBAN GARDENS, WOODLEY, READING, RG5 3RG - £385,000

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.

10 OBAN GARDENS is a small detached house of 96m², built sometime between 1967 and 1975, which could now be worth an estimated £541,663. It was last sold for £385,000 in May 2015, which was around 30% below the average May 2015 detached price in the Wokingham local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

10 OBAN GARDENS Sold Prices

Land registry data shows two sales for 10 OBAN GARDENS 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 10 OBAN GARDENS 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
2015 8 MAY	£385,000	£552,098	30% below HPI
2014 20 JAN	£250,000	£472,208	47% below HPI

10 OBAN GARDENS 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 10 OBAN GARDENS sales from January 2014 and May 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 January 2014 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the May 2015 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 10 OBAN GARDENS be worth now?

10 OBAN GARDENS might now be worth an estimated £541,663.

This is based on house price inflation of 40.7%, between May 2015 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 40.7% inflationary increase is applied to the most recent sale price for 10 OBAN GARDENS of £385,000 on 8th May 2015. For the value to have increased from £385,000 to £541,663 over the ten years and three months to February 2025, the following assumptions must hold true:

• The value of 10 OBAN GARDENS has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The May 2015 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 10 OBAN GARDENS has not materially changed since May 2015.

How Large is 10 OBAN GARDENS?

10 OBAN GARDENS is 96m² according to the EPC inspection conducted in October 2014. 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 10 OBAN GARDENS lies on this distribution: 27% of detached houses houses are smaller than 10 OBAN GARDENS, and 73% of houses are larger. Note that EPC data is not available for all properties in Woodley.

10 OBAN GARDENS: Plot and Title Map

10 OBAN GARDENS sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of 10 OBAN GARDENS, 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 10 OBAN GARDENS). 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 10 OBAN GARDENS?

10 OBAN GARDENS is located in WOODLEY, in the RG5 postcode district. The below map shows the position of No. 10 on OBAN GARDENS.