50, ELM DRIVE, WOODLEY, READING, RG5 4FE - £715,000

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

50 ELM DRIVE is a very large detached house of 160m². It was last sold for £715,000 in June 2022, which was around 3% above the average June 2022 detached price in the Wokingham local authority area. The most recent EPC inspection was January 2020, where the current energy rating was B, and the potential energy rating was A.

50 ELM DRIVE Sold Prices

Land registry data shows two sales for 50 ELM DRIVE 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 50 ELM DRIVE 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 16 JUN	£715,000	£694,487	3% above HPI
2020 25 MAR	£600,000	£615,225	2% below HPI

50 ELM DRIVE 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 50 ELM DRIVE sales from March 2020 and June 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 March 2020 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the June 2022 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 50 ELM DRIVE?

50 ELM DRIVE is 160m² according to the EPC inspection conducted in January 2020. This puts it in the largest 20% of detached houses in Woodley, based on EPC data. The below chart shows the distribution of detached houses by size in Woodley, and where 50 ELM DRIVE lies on this distribution: 84% of detached houses are smaller than 50 ELM DRIVE, and 15% of houses are larger. Note that EPC data is not available for all properties in Woodley.

50 ELM DRIVE: Plot and Title Map

50 ELM DRIVE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 50 ELM 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 50 ELM 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 50 ELM DRIVE?

50 ELM DRIVE is located in WOODLEY, in the RG5 postcode district. The below map shows the position of No. 50 on ELM DRIVE.