10, THE RIDGEWAY, WOODLEY, READING, RG5 3QD - £850,000

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

10 THE RIDGEWAY is a very large extended detached house of 175m², built sometime between 1967 and 1975. It was last sold for £850,000 in March 2023, which was around 15% above the average March 2023 detached price in the Wokingham local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was C.

10 THE RIDGEWAY Sold Prices

Land registry data shows three sales for 10 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. All of the three 10 THE RIDGEWAY sales were for above 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
2023 31 MAR	£850,000	£741,015	15% above HPI
2018 10 APR	£640,000	£620,240	3% above HPI
2010 7 OCT	£425,000	£419,396	1% above HPI

10 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 10 THE RIDGEWAY sales between October 2010 and March 2023 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 April 2018 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the March 2023 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 10 THE RIDGEWAY?

10 THE RIDGEWAY is 175m², which includes two extensions, according to the EPC inspection conducted in November 2022. 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 10 THE RIDGEWAY lies on this distribution: 90% of detached houses are smaller than 10 THE RIDGEWAY, and 10% of houses are larger. Note that EPC data is not available for all properties in Woodley.

10 THE RIDGEWAY: Plot and Title Map

10 THE RIDGEWAY sits on a plot of roughly 0.252 of an acre, or 1,021m². The below map shows the location of 10 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 10 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 10 THE RIDGEWAY?

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