18, OAK DRIVE, WOODLEY, READING, RG5 4BA - £485,000

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

18 OAK DRIVE is a midsized extended detached house of 113m², built sometime between 1976 and 1982. It was last sold for £485,000 in December 2016, which was around 22% below the average December 2016 detached price in the Wokingham local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

18 OAK DRIVE Sold Prices

Land registry data shows three sales for 18 OAK DRIVE 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 18 OAK DRIVE 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
2016 9 DEC	£485,000	£625,467	22% below HPI
2007 24 AUG	£265,000	£421,275	37% below HPI
1996 17 OCT	£92,000	£138,923	34% below HPI

18 OAK DRIVE 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 18 OAK DRIVE sales between October 1996 and December 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 August 2007 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the December 2016 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 18 OAK DRIVE?

18 OAK DRIVE is 113m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the smallest 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 18 OAK DRIVE lies on this distribution: 47% of detached houses are smaller than 18 OAK DRIVE, and 52% of houses are larger. Note that EPC data is not available for all properties in Woodley.

18 OAK DRIVE: Plot and Title Map

18 OAK DRIVE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 18 OAK DRIVE, 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 18 OAK DRIVE). 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 18 OAK DRIVE?

18 OAK DRIVE is located in WOODLEY, in the RG5 postcode district. The below map shows the position of No. 18 on OAK DRIVE.