14, LAVENHAM DRIVE, WOODLEY, READING, RG5 4PP - £285,000

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

14 LAVENHAM DRIVE is a very small detached house of 72m², built sometime between 1950 and 1966. It was last sold for £285,000 in October 2013, which was around 36% below the average October 2013 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 B.

14 LAVENHAM DRIVE Sold Prices

Land registry data shows three sales for 14 LAVENHAM 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 Wokingham local authority area for the corresponding sale date. All of the three 14 LAVENHAM 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
2013 8 OCT	£285,000	£447,948	36% below HPI
2009 13 AUG	£265,000	£377,918	30% below HPI
2005 5 DEC	£242,000	£355,922	32% below HPI

14 LAVENHAM DRIVE 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 14 LAVENHAM DRIVE sales between December 2005 and October 2013 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 August 2009 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the October 2013 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 14 LAVENHAM DRIVE?

14 LAVENHAM DRIVE is 72m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 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 14 LAVENHAM DRIVE lies on this distribution: 5% of detached houses are smaller than 14 LAVENHAM DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Woodley.

14 LAVENHAM DRIVE: Plot and Title Map

14 LAVENHAM DRIVE sits on a plot of roughly 0.155 of an acre, or 626m². The below map shows the location of 14 LAVENHAM 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 14 LAVENHAM 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 14 LAVENHAM DRIVE?

14 LAVENHAM DRIVE is located in WOODLEY, in the RG5 postcode district. The below map shows the position of No. 14 on LAVENHAM DRIVE.