THE ROWANS, BINGLEY GROVE, WOODLEY, READING, RG5 4TT - £576,000

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 ROWANS is a large extended detached house of 132m², built sometime between 1983 and 1990. It was last sold for £576,000 in December 2020, which was around 10% below the average December 2020 detached price in the Wokingham local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was C.

THE ROWANS Sold Prices

Land registry data shows three sales for THE ROWANS 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. One of the three THE ROWANS sales was for below the average price, whilst two 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
2020 9 DEC	£576,000	£639,270	10% below HPI
1999 27 AUG	£243,000	£204,709	19% above HPI
1996 15 NOV	£159,000	£139,943	14% above HPI

THE ROWANS 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 THE ROWANS sales between November 1996 and December 2020 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 1999 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the December 2020 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is THE ROWANS?

THE ROWANS is 132m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the largest 40% of detached houses in Woodley, based on EPC data. The below chart shows the distribution of detached houses by size in Woodley, and where THE ROWANS lies on this distribution: 68% of detached houses are smaller than THE ROWANS, and 31% of houses are larger. Note that EPC data is not available for all properties in Woodley.

THE ROWANS: Plot and Title Map

THE ROWANS sits on a plot of roughly 0.135 of an acre, or 547m². The below map shows the location of THE ROWANS, 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 ROWANS). 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 ROWANS?

THE ROWANS is located on BINGLEY GROVE in WOODLEY, in the RG5 postcode district. The below map shows the position of THE ROWANS on BINGLEY GROVE.