16, MARTINET ROAD, WOODLEY, READING, RG5 4TQ - £485,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 MARTINET ROAD is a small detached house of 105m², which could now be worth an estimated £591,688. It was last sold for £485,000 in April 2017, which was around 24% below the average April 2017 detached price in the Wokingham local authority area. The most recent EPC inspection was October 2014, where the current energy rating was B, and the potential energy rating was B.

16 MARTINET ROAD Sold Prices

Land registry data shows two sales for 16 MARTINET ROAD 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 16 MARTINET ROAD 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
2017 28 APR	£485,000	£636,698	24% below HPI
2014 21 NOV	£426,950	£526,228	19% below HPI

16 MARTINET ROAD 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 16 MARTINET ROAD sales from November 2014 and April 2017 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 November 2014 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the April 2017 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 16 MARTINET ROAD be worth now?

16 MARTINET ROAD might now be worth an estimated £591,688.

This is based on house price inflation of 22%, between April 2017 and February 2025, for detached houses, in the Wokingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22% inflationary increase is applied to the most recent sale price for 16 MARTINET ROAD of £485,000 on 28th April 2017. For the value to have increased from £485,000 to £591,688 over the eight years and two months to February 2025, the following assumptions must hold true:

• The value of 16 MARTINET ROAD has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The April 2017 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of 16 MARTINET ROAD has not materially changed since April 2017.

How Large is 16 MARTINET ROAD?

16 MARTINET ROAD is 105m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 40% of detached houses houses in Woodley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woodley, and where 16 MARTINET ROAD lies on this distribution: 36% of detached houses houses are smaller than 16 MARTINET ROAD, and 63% of houses are larger. Note that EPC data is not available for all properties in Woodley.

16 MARTINET ROAD: Plot and Title Map

16 MARTINET ROAD sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 16 MARTINET ROAD, 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 MARTINET ROAD). 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 MARTINET ROAD?

16 MARTINET ROAD is located in WOODLEY, in the RG5 postcode district. The below map shows the position of No. 16 on MARTINET ROAD.