8, OBAN GARDENS, WOODLEY, READING, RG5 3RG - £475,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 OBAN GARDENS is a very small detached house of 57m², built sometime between 1967 and 1975, which could now be worth an estimated £489,060. It was last sold for £475,000 in October 2022, which was around 36% below the average October 2022 detached price in the Wokingham local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was C.

8 OBAN GARDENS Sold Prices

Land registry data shows three sales for 8 OBAN GARDENS 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 8 OBAN GARDENS 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
2022 26 OCT	£475,000	£747,552	36% below HPI
2015 8 SEP	£395,000	£587,805	33% below HPI
2000 7 APR	£169,950	£255,844	34% below HPI

8 OBAN GARDENS 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 8 OBAN GARDENS sales between April 2000 and October 2022 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 September 2015 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the October 2022 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 8 OBAN GARDENS be worth now?

8 OBAN GARDENS might now be worth an estimated £489,060.

This is based on house price inflation of 3%, between October 2022 and December 2024, for detached houses, in the Wokingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3% inflationary increase is applied to the most recent sale price for 8 OBAN GARDENS of £475,000 on 26th October 2022. For the value to have increased from £475,000 to £489,060 over the one year and ten months to December 2024, the following assumptions must hold true:

• The value of 8 OBAN GARDENS has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The October 2022 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 8 OBAN GARDENS has not materially changed since October 2022.

How Large is 8 OBAN GARDENS?

8 OBAN GARDENS is 57m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 10% of detached houses houses in Woodley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woodley, and where 8 OBAN GARDENS lies on this distribution: 1% of detached houses houses are smaller than 8 OBAN GARDENS, and 99% of houses are larger. Note that EPC data is not available for all properties in Woodley.

8 OBAN GARDENS: Plot and Title Map

8 OBAN GARDENS sits on a plot of roughly 0.148 of an acre, or 600m². The below map shows the location of 8 OBAN GARDENS, 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 8 OBAN GARDENS). 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 8 OBAN GARDENS?

8 OBAN GARDENS is located in WOODLEY, in the RG5 postcode district. The below map shows the position of No. 8 on OBAN GARDENS.