51, WELFORD ROAD, WOODLEY, READING, RG5 4QS - £188,500

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

51 WELFORD ROAD is a very small detached house of 19m², built sometime between 2007 and 2011. It was last sold for £188,500 in February 2003, which was around 43% below the average February 2003 detached price in the Wokingham local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was A.

51 WELFORD ROAD Sold Prices

Land registry data shows three sales for 51 WELFORD ROAD 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 51 WELFORD 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
2003 21 FEB	£188,500	£332,943	43% below HPI
1998 13 AUG	£154,000	£185,258	17% below HPI
1995 16 JUN	£108,250	£130,097	17% below HPI

51 WELFORD 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 three 51 WELFORD ROAD sales between June 1995 and February 2003 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 August 1998 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 2003 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 51 WELFORD ROAD?

51 WELFORD ROAD is 19m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 10% of detached houses in Woodley, based on EPC data. The below chart shows the distribution of detached houses by size in Woodley, and where 51 WELFORD ROAD lies on this distribution: Less than 1% of detached houses are smaller than 51 WELFORD ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Woodley.

51 WELFORD ROAD: Plot and Title Map

51 WELFORD ROAD sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 51 WELFORD 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 51 WELFORD 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 51 WELFORD ROAD?

51 WELFORD ROAD is located in WOODLEY, in the RG5 postcode district. The below map shows the position of No. 51 on WELFORD ROAD.