505, READING ROAD, WINNERSH, WOKINGHAM, RG41 5HL - £412,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

505 READING ROAD is a large detached house of 160m², built sometime between 1950 and 1966. It was last sold for £412,000 in July 2008, which was around 4% below the average July 2008 detached price in the Wokingham local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was C.

505 READING ROAD Sold Prices

Land registry data shows two sales for 505 READING ROAD 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 505 READING ROAD sales was for below the average price, whilst the other was for above 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
2008 11 JUL	£412,000	£429,726	4% below HPI
1998 6 JUL	£220,000	£183,358	20% above HPI

505 READING ROAD 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 505 READING ROAD sales from July 1998 and July 2008 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 July 1998 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the July 2008 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 505 READING ROAD?

505 READING ROAD is 160m² according to the EPC inspection conducted in May 2024. This puts it in the largest 30% of detached houses in Winnersh, based on EPC data. The below chart shows the distribution of detached houses by size in Winnersh, and where 505 READING ROAD lies on this distribution: 76% of detached houses are smaller than 505 READING ROAD, and 23% of houses are larger. Note that EPC data is not available for all properties in Winnersh.

505 READING ROAD: Plot and Title Map

505 READING ROAD sits on a plot of roughly 0.238 of an acre, or 961m². The below map shows the location of 505 READING ROAD, 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 505 READING ROAD). 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 505 READING ROAD?

505 READING ROAD is located in WINNERSH, in the RG41 postcode district. The below map shows the position of No. 505 on READING ROAD.