5, PORTWAY, RISELEY, READING, RG7 1SQ - £415,000

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

5 PORTWAY is a very small extended detached house of 75m², built sometime between 1976 and 1982, which could now be worth an estimated £422,437. It was last sold for £415,000 in August 2024, which was around 45% below the average August 2024 detached price in the Wokingham local authority area. The most recent EPC inspection was May 2017, where the current energy rating was E, and the potential energy rating was C.

5 PORTWAY Sold Prices

Land registry data shows three sales for 5 PORTWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the three 5 PORTWAY 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 30 AUG	£415,000	£756,129	45% below HPI
2018 6 APR	£325,000	£639,513	49% below HPI
1999 22 OCT	£167,000	£220,106	24% below HPI

5 PORTWAY 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 three 5 PORTWAY sales between October 1999 and August 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 April 2018 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the August 2024 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 5 PORTWAY be worth now?

5 PORTWAY might now be worth an estimated £422,437.

This is based on house price inflation of 1.8%, between August 2024 and December 2024, for 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 1.8% inflationary increase is applied to the most recent sale price for 5 PORTWAY of £415,000 on 30th August 2024. For the value to have increased from £415,000 to £422,437 over the eight months to December 2024, the following assumptions must hold true:

• The value of 5 PORTWAY has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The August 2024 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PORTWAY has not materially changed since August 2024.

How Large is 5 PORTWAY?

5 PORTWAY is 75m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the smallest 10% of detached houses houses in Riseley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Riseley, and where 5 PORTWAY lies on this distribution: 4% of detached houses houses are smaller than 5 PORTWAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Riseley.

5 PORTWAY: Plot and Title Map

5 PORTWAY sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 5 PORTWAY, 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 5 PORTWAY). 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 5 PORTWAY?

5 PORTWAY is located in RISELEY, in the RG7 postcode district. The below map shows the position of No. 5 on PORTWAY.