OAKLEY COTTAGE, WESTBURY LANE, PURLEY ON THAMES, READING, RG8 8DL - £725,000

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

OAKLEY COTTAGE is a very large detached house of 174m², built sometime between 2003 and 2006. It was last sold for £725,000 in March 2021, which was around 25% above the average March 2021 detached price in the West Berkshire local authority area. The most recent EPC inspection was October 2008, where the current energy rating was C, and the potential energy rating was C.

OAKLEY COTTAGE Sold Prices

Land registry data shows four sales for OAKLEY COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. All of the four OAKLEY COTTAGE sales were for above 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 9 MAR	£725,000	£578,062	25% above HPI
2012 1 NOV	£543,500	£415,980	31% above HPI
2009 8 APR	£399,000	£335,351	19% above HPI
2005 18 AUG	£525,000	£342,082	53% above HPI

OAKLEY COTTAGE 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 four OAKLEY COTTAGE sales between August 2005 and March 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 November 2012 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the March 2021 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is OAKLEY COTTAGE?

OAKLEY COTTAGE is 174m² according to the EPC inspection conducted in October 2008. This puts it in the largest 20% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where OAKLEY COTTAGE lies on this distribution: 86% of detached houses are smaller than OAKLEY COTTAGE, and 14% of houses are larger. Note that EPC data is not available for all properties in Reading.

OAKLEY COTTAGE: Plot and Title Map

OAKLEY COTTAGE sits on a plot of roughly 0.157 of an acre, or 636m². The below map shows the location of OAKLEY COTTAGE, 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 OAKLEY COTTAGE). 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 OAKLEY COTTAGE?

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