3, LOCKSTILE WAY, GORING, READING, RG8 0AJ - £465,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 LOCKSTILE WAY is a very small detached house of 83m², built sometime between 1967 and 1975, which could now be worth an estimated £555,006. It was last sold for £465,000 in June 2020, which was around 30% below the average June 2020 detached price in the South Oxfordshire local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

3 LOCKSTILE WAY Sold Prices

Land registry data shows three sales for 3 LOCKSTILE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Oxfordshire local authority area for the corresponding sale date. All of the three 3 LOCKSTILE WAY 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
2020 26 JUN	£465,000	£661,185	30% below HPI
2015 12 FEB	£370,000	£523,869	29% below HPI
2002 25 OCT	£290,000	£340,422	15% below HPI

3 LOCKSTILE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Oxfordshire local authority area over time, sourced from the HPI. The three 3 LOCKSTILE WAY sales between October 2002 and June 2020 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 February 2015 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2020 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 3 LOCKSTILE WAY be worth now?

3 LOCKSTILE WAY might now be worth an estimated £555,006.

This is based on house price inflation of 19.4%, between June 2020 and February 2025, for detached houses, in the South Oxfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.4% inflationary increase is applied to the most recent sale price for 3 LOCKSTILE WAY of £465,000 on 26th June 2020. For the value to have increased from £465,000 to £555,006 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 3 LOCKSTILE WAY has moved in line with the HPI for detached houses in the South Oxfordshire local authority area.
• The June 2020 sale price of £465,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LOCKSTILE WAY has not materially changed since June 2020.

How Large is 3 LOCKSTILE WAY?

3 LOCKSTILE WAY is 83m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 10% of detached houses houses in Goring, based on EPC data. The below chart shows the distribution of detached houses houses by size in Goring, and where 3 LOCKSTILE WAY lies on this distribution: 5% of detached houses houses are smaller than 3 LOCKSTILE WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Goring.

3 LOCKSTILE WAY: Plot and Title Map

3 LOCKSTILE WAY sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 3 LOCKSTILE WAY, 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 3 LOCKSTILE WAY). 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 3 LOCKSTILE WAY?

3 LOCKSTILE WAY is located in GORING, in the RG8 postcode district. The below map shows the position of No. 3 on LOCKSTILE WAY.