13, THE RIDGEWAY, WOODLEY, READING, RG5 3QD - £825,000

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

13 THE RIDGEWAY is a very large extended detached house of 160m², built sometime between 1967 and 1975. It was last sold for £825,000 in February 2024, which was around 15% above the average February 2024 detached price in the Wokingham local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was C.

13 THE RIDGEWAY Sold Prices

Land registry data shows two sales for 13 THE RIDGEWAY 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 13 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
2024 13 FEB	£825,000	£717,927	15% above HPI
2014 17 OCT	£525,000	£510,893	3% above HPI

13 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 two 13 THE RIDGEWAY sales from October 2014 and February 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 October 2014 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the February 2024 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 13 THE RIDGEWAY?

13 THE RIDGEWAY is 160m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the largest 20% of detached houses in Woodley, based on EPC data. The below chart shows the distribution of detached houses by size in Woodley, and where 13 THE RIDGEWAY lies on this distribution: 84% of detached houses are smaller than 13 THE RIDGEWAY, and 15% of houses are larger. Note that EPC data is not available for all properties in Woodley.

13 THE RIDGEWAY: Plot and Title Map

13 THE RIDGEWAY sits on a plot of roughly 0.241 of an acre, or 977m². The below map shows the location of 13 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 13 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 13 THE RIDGEWAY?

13 THE RIDGEWAY is located in WOODLEY, in the RG5 postcode district. The below map shows the position of No. 13 on THE RIDGEWAY.