THE MILL STONE, WOOD LANE, WOODCOTE, READING, RG8 0PU - £500,000

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

THE MILL STONE is a large detached house of 147m², built sometime between 1950 and 1966. It was last sold for £500,000 in November 2016, which was around 21% below the average November 2016 detached price in the South Oxfordshire local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was C.

THE MILL STONE Sold Prices

Land registry data shows two sales for THE MILL STONE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Oxfordshire local authority area for the corresponding sale date. Both of the two THE MILL STONE 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
2016 1 NOV	£500,000	£631,262	21% below HPI
1999 30 MAR	£189,950	£204,240	7% below HPI

THE MILL STONE 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 two THE MILL STONE sales from March 1999 and November 2016 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 March 1999 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2016 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is THE MILL STONE?

THE MILL STONE is 147m² according to the EPC inspection conducted in October 2010. This puts it in the largest 40% of detached houses in Woodcote, based on EPC data. The below chart shows the distribution of detached houses by size in Woodcote, and where THE MILL STONE lies on this distribution: 67% of detached houses are smaller than THE MILL STONE, and 33% of houses are larger. Note that EPC data is not available for all properties in Woodcote.

THE MILL STONE: Plot and Title Map

THE MILL STONE sits on a plot of roughly 0.136 of an acre, or 549m². The below map shows the location of THE MILL STONE, 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 THE MILL STONE). 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 THE MILL STONE?

THE MILL STONE is located on WOOD LANE in WOODCOTE, in the RG8 postcode district. The below map shows the position of THE MILL STONE on WOOD LANE.