115, WESTERN AVENUE, WOODLEY, READING, RG5 3BL - £495,000

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

115 WESTERN AVENUE is a midsized extended detached house of 110m², built sometime between 1950 and 1966. It was last sold for £495,000 in July 2024, which was around 33% below the average July 2024 detached price in the Wokingham local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was C.

115 WESTERN AVENUE Sold Prices

Land registry data shows two sales for 115 WESTERN 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. Both of the two 115 WESTERN AVENUE 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
2024 26 JUL	£495,000	£733,401	33% below HPI
2000 9 NOV	£224,000	£263,516	15% below HPI

115 WESTERN 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 115 WESTERN AVENUE sales from November 2000 and July 2024 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 2000 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2024 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 115 WESTERN AVENUE?

115 WESTERN AVENUE is 110m², which includes three extensions, according to the EPC inspection conducted in September 2023. This puts it in the smallest 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 115 WESTERN AVENUE lies on this distribution: 43% of detached houses are smaller than 115 WESTERN AVENUE, and 56% of houses are larger. Note that EPC data is not available for all properties in Woodley.

115 WESTERN AVENUE: Plot and Title Map

115 WESTERN AVENUE sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 115 WESTERN 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 115 WESTERN 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 115 WESTERN AVENUE?

115 WESTERN AVENUE is located in WOODLEY, in the RG5 postcode district. The below map shows the position of No. 115 on WESTERN AVENUE.