56, WOODLANDS AVENUE, WOODLEY, READING, RG5 3HL - £404,000

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

56 WOODLANDS AVENUE is a very small detached house of 57m², built sometime between 1930 and 1949. It was last sold for £404,000 in September 2018, which was around 36% below the average September 2018 detached price in the Wokingham local authority area. The most recent EPC inspection was April 2018, where the current energy rating was E, and the potential energy rating was C.

56 WOODLANDS AVENUE Sold Prices

Land registry data shows three sales for 56 WOODLANDS AVENUE 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 56 WOODLANDS AVENUE 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
2018 25 SEP	£404,000	£626,514	36% below HPI
2001 3 AUG	£176,000	£277,516	37% below HPI
1996 23 MAY	£86,500	£132,573	35% below HPI

56 WOODLANDS AVENUE 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 56 WOODLANDS AVENUE sales between May 1996 and September 2018 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 2001 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the September 2018 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 56 WOODLANDS AVENUE?

56 WOODLANDS AVENUE is 57m² according to the EPC inspection conducted in April 2018. 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 56 WOODLANDS AVENUE lies on this distribution: 1% of detached houses are smaller than 56 WOODLANDS AVENUE, and 99% of houses are larger. Note that EPC data is not available for all properties in Woodley.

56 WOODLANDS AVENUE: Plot and Title Map

56 WOODLANDS AVENUE sits on a plot of roughly 0.107 of an acre, or 433m². The below map shows the location of 56 WOODLANDS AVENUE, 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 WOODLANDS AVENUE). 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 WOODLANDS AVENUE?

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