2, PENROSE AVENUE, WOODLEY, READING, RG5 3PA - £812,500

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

2 PENROSE AVENUE is a large extended detached house of 145m², built sometime between 1967 and 1975. It was last sold for £812,500 in July 2022, which was around 15% above the average July 2022 detached price in the Wokingham local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was C.

2 PENROSE AVENUE Sold Prices

Land registry data shows two sales for 2 PENROSE AVENUE 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. One of the two 2 PENROSE AVENUE sales was for above the average price, whilst the other was 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
2022 21 JUL	£812,500	£704,361	15% above HPI
2015 12 OCT	£530,000	£580,875	9% below HPI

2 PENROSE AVENUE 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 PENROSE AVENUE sales from October 2015 and July 2022 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 October 2015 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the July 2022 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 2 PENROSE AVENUE?

2 PENROSE AVENUE is 145m², which includes three extensions, according to the EPC inspection conducted in August 2021. This puts it in the largest 30% 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 PENROSE AVENUE lies on this distribution: 77% of detached houses are smaller than 2 PENROSE AVENUE, and 22% of houses are larger. Note that EPC data is not available for all properties in Woodley.

2 PENROSE AVENUE: Plot and Title Map

2 PENROSE AVENUE sits on a plot of roughly 0.133 of an acre, or 537m². The below map shows the location of 2 PENROSE AVENUE, 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 PENROSE AVENUE). 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 PENROSE AVENUE?

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