16, GAP WAY, WOODCOTE, READING, RG8 0RU - £930,000

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

16 GAP WAY is a very large extended detached house of 247m², built sometime before 1900, which could now be worth an estimated £1,178,473. It was last sold for £930,000 in September 2016, which was around 50% above the average September 2016 detached price in the South Oxfordshire local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

16 GAP WAY Sold Prices

Land registry data shows four sales for 16 GAP WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Oxfordshire local authority area for the corresponding sale date. All of the four 16 GAP WAY 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
2016 22 SEP	£930,000	£621,307	50% above HPI
2007 14 DEC	£767,000	£479,647	60% above HPI
2004 21 APR	£438,000	£356,242	23% above HPI
1999 25 JUN	£285,000	£209,371	36% above HPI

16 GAP WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Oxfordshire local authority area over time, sourced from the HPI. The four 16 GAP WAY sales between June 1999 and September 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 December 2007 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the September 2016 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might 16 GAP WAY be worth now?

16 GAP WAY might now be worth an estimated £1,178,473.

This is based on house price inflation of 26.7%, between September 2016 and December 2024, for detached houses, in the South Oxfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.7% inflationary increase is applied to the most recent sale price for 16 GAP WAY of £930,000 on 22nd September 2016. For the value to have increased from £930,000 to £1,178,473 over the seven years and nine months to December 2024, the following assumptions must hold true:

• The value of 16 GAP WAY has moved in line with the HPI for detached houses in the South Oxfordshire local authority area.
• The September 2016 sale price of £930,000 represented a fair market value for the property.
• The size, condition, and specification of 16 GAP WAY has not materially changed since September 2016.

How Large is 16 GAP WAY?

16 GAP WAY is 247m², which includes three extensions, according to the EPC inspection conducted in October 2015. This puts it in the largest 10% of detached houses houses in Woodcote, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woodcote, and where 16 GAP WAY lies on this distribution: 93% of detached houses houses are smaller than 16 GAP WAY, and 7% of houses are larger. Note that EPC data is not available for all properties in Woodcote.

16 GAP WAY: Plot and Title Map

16 GAP WAY sits on a plot of roughly 0.270 of an acre, or 1,091m². The below map shows the location of 16 GAP WAY, 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 16 GAP WAY). 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 16 GAP WAY?

16 GAP WAY is located in WOODCOTE, in the RG8 postcode district. The below map shows the position of No. 16 on GAP WAY.