6, THE LAURELS, WOODLEY, READING, RG5 3BA - £590,000

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

6 THE LAURELS is a large extended detached house of 135m², built sometime between 2003 and 2006. It was last sold for £590,000 in December 2020, which was around 8% below the average December 2020 detached price in the Wokingham local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.

6 THE LAURELS Sold Prices

Land registry data shows three sales for 6 THE LAURELS 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. One of the three 6 THE LAURELS sales was for below the average price, whilst two were for above 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
2020 8 DEC	£590,000	£639,270	8% below HPI
2012 12 OCT	£447,000	£425,269	5% above HPI
2005 15 FEB	£440,000	£350,822	25% above HPI

6 THE LAURELS 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 6 THE LAURELS sales between February 2005 and December 2020 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 October 2012 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the December 2020 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 6 THE LAURELS?

6 THE LAURELS is 135m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the largest 30% of detached houses in Woodley, based on EPC data. The below chart shows the distribution of detached houses by size in Woodley, and where 6 THE LAURELS lies on this distribution: 71% of detached houses are smaller than 6 THE LAURELS, and 29% of houses are larger. Note that EPC data is not available for all properties in Woodley.

6 THE LAURELS: Plot and Title Map

6 THE LAURELS sits on a plot of roughly 0.060 of an acre, or 245m². The below map shows the location of 6 THE LAURELS, 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 6 THE LAURELS). 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 6 THE LAURELS?

6 THE LAURELS is located in WOODLEY, in the RG5 postcode district. The below map shows the position of No. 6 on THE LAURELS.