56, WOODWAYE, WOODLEY, READING, RG5 3HB - £495,000

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 WOODWAYE is a midsized extended detached house of 118m², built sometime between 1930 and 1949. It was last sold for £495,000 in November 2016, which was around 21% below the average November 2016 detached price in the Wokingham local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was C.

56 WOODWAYE Sold Prices

Land registry data shows two sales for 56 WOODWAYE 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 56 WOODWAYE 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
2016 7 NOV	£495,000	£623,071	21% below HPI
1999 8 JUN	£149,950	£196,842	24% below HPI

56 WOODWAYE 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 56 WOODWAYE sales from June 1999 and November 2016 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 June 1999 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the November 2016 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 56 WOODWAYE?

56 WOODWAYE is 118m², which includes one extension, according to the EPC inspection conducted in August 2016. 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 WOODWAYE lies on this distribution: 52% of detached houses are smaller than 56 WOODWAYE, and 46% of houses are larger. Note that EPC data is not available for all properties in Woodley.

56 WOODWAYE: Plot and Title Map

56 WOODWAYE sits on a plot of roughly 0.120 of an acre, or 486m². The below map shows the location of 56 WOODWAYE, 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 WOODWAYE). 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 WOODWAYE?

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