509, READING ROAD, WINNERSH, WOKINGHAM, RG41 5HL - £405,000

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

509 READING ROAD is a small detached house of 106m², built sometime between 1950 and 1966. It was last sold for £405,000 in June 2017, which was around 34% below the average June 2017 detached price in the Wokingham local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

509 READING ROAD Sold Prices

Land registry data shows two sales for 509 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. Both of the two 509 READING ROAD 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
2017 1 JUN	£405,000	£609,810	34% below HPI
2002 1 FEB	£234,950	£293,296	20% below HPI

509 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 509 READING ROAD sales from February 2002 and June 2017 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 2002 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2017 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 509 READING ROAD?

509 READING ROAD is 106m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 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 509 READING ROAD lies on this distribution: 22% of detached houses are smaller than 509 READING ROAD, and 77% of houses are larger. Note that EPC data is not available for all properties in Winnersh.

509 READING ROAD: Plot and Title Map

509 READING ROAD sits on a plot of roughly 0.145 of an acre, or 589m². The below map shows the location of 509 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 509 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 509 READING ROAD?

509 READING ROAD is located in WINNERSH, in the RG41 postcode district. The below map shows the position of No. 509 on READING ROAD.