CUTAWAY, ODIHAM ROAD, RISELEY, READING, RG7 1SD - £580,000

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

CUTAWAY is a midsized extended detached house of 150m², built sometime between 1983 and 1990. It was last sold for £580,000 in May 2021, which was around 9% below the average May 2021 detached price in the Wokingham local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

CUTAWAY Sold Prices

Land registry data shows three sales for CUTAWAY 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 CUTAWAY 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
2021 10 MAY	£580,000	£637,063	9% below HPI
2002 16 APR	£279,000	£294,900	5% below HPI
1998 9 JAN	£155,000	£172,978	10% below HPI

CUTAWAY 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 CUTAWAY sales between January 1998 and May 2021 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 2002 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2021 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is CUTAWAY?

CUTAWAY is 150m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the largest 50% of detached houses in Riseley, based on EPC data. The below chart shows the distribution of detached houses by size in Riseley, and where CUTAWAY lies on this distribution: 50% of detached houses are smaller than CUTAWAY, and 50% of houses are larger. Note that EPC data is not available for all properties in Riseley.

CUTAWAY: Plot and Title Map

CUTAWAY sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of CUTAWAY, 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 CUTAWAY). 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 CUTAWAY?

CUTAWAY is located on ODIHAM ROAD in RISELEY, in the RG7 postcode district. The below map shows the position of CUTAWAY on ODIHAM ROAD.