2, FOSTERS LANE, WOODLEY, READING, RG5 4HP - £520,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

2 FOSTERS LANE is a very large extended detached house of 162m², built sometime between 1930 and 1949. It was last sold for £520,000 in April 2016, which was around 14% below the average April 2016 detached price in the Wokingham local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was B.

2 FOSTERS LANE Sold Prices

Land registry data shows two sales for 2 FOSTERS LANE 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 2 FOSTERS LANE 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 27 APR	£520,000	£605,904	14% below HPI
1999 23 JUN	£115,000	£196,842	42% below HPI

2 FOSTERS LANE 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 2 FOSTERS LANE sales from June 1999 and April 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 June 1999 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the April 2016 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 2 FOSTERS LANE?

2 FOSTERS LANE is 162m², which includes two extensions, according to the EPC inspection conducted in August 2015. This puts it in the largest 20% of detached houses in Woodley, based on EPC data. The below chart shows the distribution of detached houses by size in Woodley, and where 2 FOSTERS LANE lies on this distribution: 85% of detached houses are smaller than 2 FOSTERS LANE, and 15% of houses are larger. Note that EPC data is not available for all properties in Woodley.

2 FOSTERS LANE: Plot and Title Map

2 FOSTERS LANE sits on a plot of roughly 0.129 of an acre, or 520m². The below map shows the location of 2 FOSTERS LANE, 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 2 FOSTERS LANE). 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 2 FOSTERS LANE?

2 FOSTERS LANE is located in WOODLEY, in the RG5 postcode district. The below map shows the position of No. 2 on FOSTERS LANE.