15, THE RIDGEWAY, WOODLEY, READING, RG5 3QD - £411,000

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

15 THE RIDGEWAY is a very small detached house of 68m², built sometime between 1930 and 1949. It was last sold for £411,000 in August 2013, which was around 6% below the average August 2013 detached price in the Wokingham local authority area. The most recent EPC inspection was October 2009, where the current energy rating was E, and the potential energy rating was E.

15 THE RIDGEWAY Sold Prices

Land registry data shows two sales for 15 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 15 THE RIDGEWAY 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 30 AUG	£411,000	£435,024	6% below HPI
2010 15 JUL	£370,000	£411,215	10% below HPI

15 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 15 THE RIDGEWAY sales from July 2010 and August 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 July 2010 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2013 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 15 THE RIDGEWAY?

15 THE RIDGEWAY is 68m² according to the EPC inspection conducted in October 2009. 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 15 THE RIDGEWAY lies on this distribution: 4% of detached houses are smaller than 15 THE RIDGEWAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Woodley.

15 THE RIDGEWAY: Plot and Title Map

15 THE RIDGEWAY sits on a plot of roughly 0.273 of an acre, or 1,104m². The below map shows the location of 15 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 15 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 15 THE RIDGEWAY?

15 THE RIDGEWAY is located in WOODLEY, in the RG5 postcode district. The below map shows the position of No. 15 on THE RIDGEWAY.