12, GAP WAY, WOODCOTE, READING, RG8 0RU - £975,000

12 GAP WAY is a very small extended detached house of 77m², built sometime between 1950 and 1966. It was last sold for £975,000 in March 2023, which was around 23% above the average March 2023 detached price in the South Oxfordshire local authority area. The most recent EPC inspection was April 2010, where the current energy rating was E, and the potential energy rating was E.

12 GAP WAY Sold Prices

Land registry data shows two sales for 12 GAP WAY 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. One of the two 12 GAP WAY sales was for above the average price, whilst the other was 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
2023 15 MAR	£975,000	£792,909	23% above HPI
2021 27 APR	£650,000	£688,910	6% below HPI

12 GAP WAY 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 12 GAP WAY sales from April 2021 and March 2023 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 April 2021 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the March 2023 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 12 GAP WAY?

12 GAP WAY is 77m², which includes one extension, according to the EPC inspection conducted in April 2010. This puts it in the smallest 10% of detached houses in Woodcote, based on EPC data. The below chart shows the distribution of detached houses by size in Woodcote, and where 12 GAP WAY lies on this distribution: 7% of detached houses are smaller than 12 GAP WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Woodcote.

12 GAP WAY: Plot and Title Map

12 GAP WAY sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 12 GAP WAY, 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 12 GAP WAY). 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 12 GAP WAY?

12 GAP WAY is located in WOODCOTE, in the RG8 postcode district. The below map shows the position of No. 12 on GAP WAY.