12, HERALD WAY, WOODLEY, READING, RG5 4PB - £480,000

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

12 HERALD WAY is a midsized extended detached house of 116m², built sometime between 1976 and 1982. It was last sold for £480,000 in December 2020, which was around 25% below the average December 2020 detached price in the Wokingham local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

12 HERALD WAY Sold Prices

Land registry data shows two sales for 12 HERALD WAY 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 12 HERALD WAY 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
2020 8 DEC	£480,000	£639,270	25% below HPI
1997 11 APR	£104,950	£150,132	30% below HPI

12 HERALD WAY 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 12 HERALD WAY sales from April 1997 and December 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 April 1997 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2020 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 12 HERALD WAY?

12 HERALD WAY is 116m², which includes two extensions, according to the EPC inspection conducted in August 2020. 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 12 HERALD WAY lies on this distribution: 50% of detached houses are smaller than 12 HERALD WAY, and 49% of houses are larger. Note that EPC data is not available for all properties in Woodley.

12 HERALD WAY: Plot and Title Map

12 HERALD WAY sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 12 HERALD WAY, 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 12 HERALD WAY). 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 12 HERALD WAY?

12 HERALD WAY is located in WOODLEY, in the RG5 postcode district. The below map shows the position of No. 12 on HERALD WAY.