16, LOCKSTILE WAY, GORING, READING, RG8 0AL - £585,000

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

16 LOCKSTILE WAY is a very small extended detached house of 92m², built sometime between 1967 and 1975. It was last sold for £585,000 in September 2018, which was around 10% below the average September 2018 detached price in the South Oxfordshire local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

16 LOCKSTILE WAY Sold Prices

Land registry data shows two sales for 16 LOCKSTILE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Oxfordshire local authority area for the corresponding sale date. Both of the two 16 LOCKSTILE WAY 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
2018 28 SEP	£585,000	£650,501	10% below HPI
2016 11 MAR	£360,000	£632,805	43% below HPI

16 LOCKSTILE 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 two 16 LOCKSTILE WAY sales from March 2016 and September 2018 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 March 2016 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the September 2018 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 16 LOCKSTILE WAY?

16 LOCKSTILE WAY is 92m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the smallest 20% of detached houses in Goring, based on EPC data. The below chart shows the distribution of detached houses by size in Goring, and where 16 LOCKSTILE WAY lies on this distribution: 10% of detached houses are smaller than 16 LOCKSTILE WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Goring.

16 LOCKSTILE WAY: Plot and Title Map

16 LOCKSTILE WAY sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 16 LOCKSTILE 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 LOCKSTILE 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 LOCKSTILE WAY?

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