12, WOOLACOMBE DRIVE, READING, RG6 5UA - £575,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

12 WOOLACOMBE DRIVE is a small extended detached house of 111m², built sometime between 1976 and 1982, which could now be worth an estimated £553,633. It was last sold for £575,000 in March 2023, which was around 20% below the average March 2023 detached price in the Reading local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

12 WOOLACOMBE DRIVE Sold Prices

Land registry data shows three sales for 12 WOOLACOMBE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Reading local authority area for the corresponding sale date. All of the three 12 WOOLACOMBE DRIVE 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
2023 20 MAR	£575,000	£719,392	20% below HPI
2006 14 SEP	£299,950	£373,438	20% below HPI
2002 25 OCT	£216,500	£332,294	35% below HPI

12 WOOLACOMBE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Reading local authority area over time, sourced from the HPI. The three 12 WOOLACOMBE DRIVE sales between October 2002 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 September 2006 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2023 sale, which was also at 20% below the HPI.

What might 12 WOOLACOMBE DRIVE be worth now?

12 WOOLACOMBE DRIVE might now be worth an estimated £553,633.

This is based on house price deflation of 3.7%, between March 2023 and February 2025, for detached houses, in the Reading local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.7% deflationary decrease is applied to the most recent sale price for 12 WOOLACOMBE DRIVE of £575,000 on 20th March 2023. For the value to have decreased from £575,000 to £553,633 over the two years and one month to February 2025, the following assumptions must hold true:

• The value of 12 WOOLACOMBE DRIVE has moved in line with the HPI for detached houses in the Reading local authority area.
• The March 2023 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of 12 WOOLACOMBE DRIVE has not materially changed since March 2023.

How Large is 12 WOOLACOMBE DRIVE?

12 WOOLACOMBE DRIVE is 111m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the smallest 40% of detached houses houses in Reading, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reading, and where 12 WOOLACOMBE DRIVE lies on this distribution: 40% of detached houses houses are smaller than 12 WOOLACOMBE DRIVE, and 59% of houses are larger. Note that EPC data is not available for all properties in Reading.

12 WOOLACOMBE DRIVE: Plot and Title Map

12 WOOLACOMBE DRIVE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 12 WOOLACOMBE DRIVE, 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 WOOLACOMBE DRIVE). 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 WOOLACOMBE DRIVE?

12 WOOLACOMBE DRIVE is located in READING, in the RG6 postcode district. The below map shows the position of No. 12 on WOOLACOMBE DRIVE.