16, WOODWAYE, WOODLEY, READING, RG5 3HA - £450,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 WOODWAYE is a very small extended detached house of 68m², built sometime between 1930 and 1949. It was last sold for £450,000 in March 2023, which was around 39% below the average March 2023 detached price in the Wokingham local authority area. The most recent EPC inspection was October 2022, where the current energy rating was E, and the potential energy rating was B.

16 WOODWAYE Sold Prices

Land registry data shows three sales for 16 WOODWAYE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the three 16 WOODWAYE 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
2023 1 MAR	£450,000	£741,015	39% below HPI
2004 28 MAY	£249,000	£333,564	25% below HPI
2002 30 AUG	£220,000	£316,032	30% below HPI

16 WOODWAYE 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 three 16 WOODWAYE sales between August 2002 and March 2023 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 May 2004 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2023 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 16 WOODWAYE?

16 WOODWAYE is 68m², which includes one extension, according to the EPC inspection conducted in October 2022. 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 16 WOODWAYE lies on this distribution: 4% of detached houses are smaller than 16 WOODWAYE, and 96% of houses are larger. Note that EPC data is not available for all properties in Woodley.

16 WOODWAYE: Plot and Title Map

16 WOODWAYE sits on a plot of roughly 0.145 of an acre, or 585m². The below map shows the location of 16 WOODWAYE, 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 WOODWAYE). 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 WOODWAYE?

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