48, TIPPINGS LANE, WOODLEY, READING, RG5 4RY - £550,000

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

48 TIPPINGS LANE is a large extended detached house of 126m², built sometime between 1967 and 1975. It was last sold for £550,000 in February 2024, which was around 23% below the average February 2024 detached price in the Wokingham local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

48 TIPPINGS LANE Sold Prices

Land registry data shows two sales for 48 TIPPINGS 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 48 TIPPINGS 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
2024 2 FEB	£550,000	£717,927	23% below HPI
2012 7 SEP	£308,500	£425,662	28% below HPI

48 TIPPINGS 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 48 TIPPINGS LANE sales from September 2012 and February 2024 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 September 2012 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2024 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 48 TIPPINGS LANE?

48 TIPPINGS LANE is 126m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the largest 40% of detached houses in Woodley, based on EPC data. The below chart shows the distribution of detached houses by size in Woodley, and where 48 TIPPINGS LANE lies on this distribution: 62% of detached houses are smaller than 48 TIPPINGS LANE, and 38% of houses are larger. Note that EPC data is not available for all properties in Woodley.

48 TIPPINGS LANE: Plot and Title Map

48 TIPPINGS LANE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 48 TIPPINGS 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 48 TIPPINGS 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 48 TIPPINGS LANE?

48 TIPPINGS LANE is located in WOODLEY, in the RG5 postcode district. The below map shows the position of No. 48 on TIPPINGS LANE.