62, TIPPINGS LANE, WOODLEY, READING, RG5 4RY - £360,000

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

62 TIPPINGS LANE is a midsized extended detached house of 113m², built sometime between 1967 and 1975. It was last sold for £360,000 in March 2014, which was around 23% below the average March 2014 detached price in the Wokingham local authority area. The most recent EPC inspection was August 2013, where the current energy rating was C, and the potential energy rating was B.

62 TIPPINGS LANE Sold Prices

Land registry data shows four sales for 62 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 62 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
2014 12 MAR	£360,000	£465,824	23% below HPI
2008 11 APR	£303,000	£416,267	27% below HPI
1999 2 JUN	£143,500	£196,842	27% below HPI
1997 11 DEC	£140,250	£171,077	18% below HPI

62 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 62 TIPPINGS LANE sales between December 1997 and March 2014 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 April 2008 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2014 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 62 TIPPINGS LANE?

62 TIPPINGS LANE is 113m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the smallest 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 62 TIPPINGS LANE lies on this distribution: 47% of detached houses are smaller than 62 TIPPINGS LANE, and 52% of houses are larger. Note that EPC data is not available for all properties in Woodley.

62 TIPPINGS LANE: Plot and Title Map

62 TIPPINGS LANE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 62 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 62 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 62 TIPPINGS LANE?

62 TIPPINGS LANE is located in WOODLEY, in the RG5 postcode district. The below map shows the position of No. 62 on TIPPINGS LANE.