56, TIPPINGS LANE, WOODLEY, READING, RG5 4RY - £304,000

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

56 TIPPINGS LANE is a midsized detached house of 118m², built sometime between 1967 and 1975. It was last sold for £304,000 in June 2013, which was around 30% below the average June 2013 detached price in the Wokingham local authority area. The most recent EPC inspection was May 2009, where the current energy rating was E, and the potential energy rating was D.

56 TIPPINGS LANE Sold Prices

Land registry data shows four sales for 56 TIPPINGS LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the four 56 TIPPINGS LANE 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
2013 28 JUN	£304,000	£431,369	30% below HPI
2003 28 AUG	£242,000	£331,189	27% below HPI
1999 9 SEP	£145,000	£209,228	31% below HPI
1996 22 MAR	£106,000	£131,181	19% below HPI

56 TIPPINGS LANE 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 four 56 TIPPINGS LANE sales between March 1996 and June 2013 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 2003 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the June 2013 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 56 TIPPINGS LANE?

56 TIPPINGS LANE is 118m² according to the EPC inspection conducted in May 2009. This puts it in the largest 50% of detached houses in Woodley, based on EPC data. The below chart shows the distribution of detached houses by size in Woodley, and where 56 TIPPINGS LANE lies on this distribution: 54% of detached houses are smaller than 56 TIPPINGS LANE, and 46% of houses are larger. Note that EPC data is not available for all properties in Woodley.

56 TIPPINGS LANE: Plot and Title Map

56 TIPPINGS LANE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 56 TIPPINGS LANE, 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 56 TIPPINGS LANE). 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 56 TIPPINGS LANE?

56 TIPPINGS LANE is located in WOODLEY, in the RG5 postcode district. The below map shows the position of No. 56 on TIPPINGS LANE.