28, OAK DRIVE, WOODLEY, READING, RG5 4BA - £395,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

28 OAK DRIVE is a very small extended semi-detached house of 79m², built sometime between 1983 and 1990, which could now be worth an estimated £489,359. It was last sold for £395,000 in June 2018, which was around 2% below the average June 2018 semi-detached price in the Wokingham local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

28 OAK DRIVE Sold Prices

Land registry data shows five sales for 28 OAK DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Wokingham local authority area for the corresponding sale date. All of the five 28 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
2018 28 JUN	£395,000	£404,384	2% below HPI
2006 23 JUN	£229,950	£243,802	6% below HPI
2004 11 JUN	£219,000	£223,906	2% below HPI
2000 14 JUN	£145,000	£160,534	10% below HPI
1998 18 DEC	£109,500	£116,792	6% below HPI

28 OAK DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wokingham local authority area over time, sourced from the HPI. The five 28 OAK DRIVE sales between December 1998 and June 2018 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 2006 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the June 2018 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 28 OAK DRIVE be worth now?

28 OAK DRIVE might now be worth an estimated £489,359.

This is based on house price inflation of 23.9%, between June 2018 and February 2025, for semi-detached houses, in the Wokingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.9% inflationary increase is applied to the most recent sale price for 28 OAK DRIVE of £395,000 on 28th June 2018. For the value to have increased from £395,000 to £489,359 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of 28 OAK DRIVE has moved in line with the HPI for semi-detached houses in the Wokingham local authority area.
• The June 2018 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 28 OAK DRIVE has not materially changed since June 2018.

How Large is 28 OAK DRIVE?

28 OAK DRIVE is 79m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the smallest 20% of semi-detached houses houses in Woodley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Woodley, and where 28 OAK DRIVE lies on this distribution: 11% of semi-detached houses houses are smaller than 28 OAK DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Woodley.

28 OAK DRIVE: Plot and Title Map

28 OAK DRIVE sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 28 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 28 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 28 OAK DRIVE?

28 OAK DRIVE is located in WOODLEY, in the RG5 postcode district. The below map shows the position of No. 28 on OAK DRIVE.