REDWOOD LODGE, BEHOES LANE, WOODCOTE, READING, RG8 0PP - £615,000

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

REDWOOD LODGE is a large detached house of 173m², built sometime between 1967 and 1975. It was last sold for £615,000 in September 2017, which was around 7% below the average September 2017 detached price in the South Oxfordshire local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

REDWOOD LODGE Sold Prices

Land registry data shows four sales for REDWOOD LODGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Oxfordshire local authority area for the corresponding sale date. two of the four REDWOOD LODGE sales were for below the average price, and four 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
2017 29 SEP	£615,000	£661,712	7% below HPI
2012 5 OCT	£416,000	£484,961	14% below HPI
2005 1 AUG	£400,000	£394,636	1% above HPI
1997 30 OCT	£175,333	£171,866	2% above HPI

REDWOOD LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Oxfordshire local authority area over time, sourced from the HPI. The four REDWOOD LODGE sales between October 1997 and September 2017 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 October 2012 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2017 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is REDWOOD LODGE?

REDWOOD LODGE is 173m² according to the EPC inspection conducted in March 2017. This puts it in the largest 30% of detached houses in Woodcote, based on EPC data. The below chart shows the distribution of detached houses by size in Woodcote, and where REDWOOD LODGE lies on this distribution: 75% of detached houses are smaller than REDWOOD LODGE, and 25% of houses are larger. Note that EPC data is not available for all properties in Woodcote.

REDWOOD LODGE: Plot and Title Map

REDWOOD LODGE sits on a plot of roughly 0.199 of an acre, or 807m². The below map shows the location of REDWOOD LODGE, 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 REDWOOD LODGE). 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 REDWOOD LODGE?

REDWOOD LODGE is located on BEHOES LANE in WOODCOTE, in the RG8 postcode district. The below map shows the position of REDWOOD LODGE on BEHOES LANE.