MEMORIES, WOOLHAMPTON HILL, WOOLHAMPTON, READING, RG7 5ST - £560,000

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

MEMORIES is a very small detached house of 115m², built sometime between 1967 and 1975. It was last sold for £560,000 in November 2021, which was around 11% below the average November 2021 detached price in the West Berkshire local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

MEMORIES Sold Prices

Land registry data shows two sales for MEMORIES 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 MEMORIES 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 24 NOV	£560,000	£626,654	11% below HPI
1995 1 AUG	£115,000	£126,262	9% below HPI

MEMORIES 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 MEMORIES sales from August 1995 and November 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 August 1995 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the November 2021 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is MEMORIES?

MEMORIES is 115m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 10% of detached houses in Woolhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Woolhampton, and where MEMORIES lies on this distribution: 7% of detached houses are smaller than MEMORIES, and 93% of houses are larger. Note that EPC data is not available for all properties in Woolhampton.

MEMORIES: Plot and Title Map

MEMORIES sits on a plot of roughly 0.152 of an acre, or 616m². The below map shows the location of MEMORIES, 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 MEMORIES). 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 MEMORIES?

MEMORIES is located on WOOLHAMPTON HILL in WOOLHAMPTON, in the RG7 postcode district. The below map shows the position of MEMORIES on WOOLHAMPTON HILL.