16, READING ROAD, WOODLEY, READING, RG5 3DB - £215,000

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 READING ROAD is a midsized detached house of 119m², built sometime between 1930 and 1949. It was last sold for £215,000 in March 2001, which was around 18% below the average March 2001 detached price in the Wokingham local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

16 READING ROAD Sold Prices

Land registry data shows two sales for 16 READING 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 READING 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
2001 2 MAR	£215,000	£262,337	18% below HPI
1995 25 JUL	£86,000	£131,802	35% below HPI

16 READING 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 READING ROAD sales from July 1995 and March 2001 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 1995 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the March 2001 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 16 READING ROAD?

16 READING ROAD is 119m² according to the EPC inspection conducted in March 2016. This puts it in the largest 50% of detached houses in Woodley, based on EPC data. The below chart shows the distribution of detached houses by size in Woodley, and where 16 READING ROAD lies on this distribution: 54% of detached houses are smaller than 16 READING ROAD, and 44% of houses are larger. Note that EPC data is not available for all properties in Woodley.

16 READING ROAD: Plot and Title Map

16 READING ROAD sits on a plot of roughly 0.174 of an acre, or 705m². The below map shows the location of 16 READING 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 READING 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 READING ROAD?

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