ASHWOOD, WESTBURY LANE, PURLEY ON THAMES, READING, RG8 8DL - £650,000

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

ASHWOOD is a large extended detached house of 142m², built sometime between 1976 and 1982. It was last sold for £650,000 in January 2023, which was around 5% below the average January 2023 detached price in the West Berkshire local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

ASHWOOD Sold Prices

Land registry data shows two sales for ASHWOOD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. Both of the two ASHWOOD 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
2023 27 JAN	£650,000	£681,792	5% below HPI
2005 11 MAY	£290,000	£337,653	14% below HPI

ASHWOOD Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Berkshire local authority area over time, sourced from the HPI. The two ASHWOOD sales from May 2005 and January 2023 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 May 2005 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the January 2023 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is ASHWOOD?

ASHWOOD is 142m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 40% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where ASHWOOD lies on this distribution: 69% of detached houses are smaller than ASHWOOD, and 30% of houses are larger. Note that EPC data is not available for all properties in Reading.

ASHWOOD: Plot and Title Map

ASHWOOD sits on a plot of roughly 0.131 of an acre, or 532m². The below map shows the location of ASHWOOD, 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 ASHWOOD). 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 ASHWOOD?

ASHWOOD is located on WESTBURY LANE in PURLEY ON THAMES, in the RG8 postcode district. The below map shows the position of ASHWOOD on WESTBURY LANE.