14, LETTS GREEN, WOODLEY, READING, RG5 3QZ - £410,000

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 LETTS GREEN is a small detached house of 94m², built sometime between 2003 and 2006. It was last sold for £410,000 in April 2016, which was around 32% below the average April 2016 detached price in the Wokingham local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

14 LETTS GREEN Sold Prices

Land registry data shows two sales for 14 LETTS GREEN 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 14 LETTS GREEN 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
2016 15 APR	£410,000	£605,904	32% below HPI
2006 26 OCT	£287,950	£385,728	25% below HPI

14 LETTS GREEN 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 14 LETTS GREEN sales from October 2006 and April 2016 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 2006 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the April 2016 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 14 LETTS GREEN?

14 LETTS GREEN is 94m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 30% 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 LETTS GREEN lies on this distribution: 25% of detached houses are smaller than 14 LETTS GREEN, and 74% of houses are larger. Note that EPC data is not available for all properties in Woodley.

14 LETTS GREEN: Plot and Title Map

14 LETTS GREEN sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 14 LETTS GREEN, 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 LETTS GREEN). 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 LETTS GREEN?

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