14, OAK DRIVE, WOODLEY, READING, RG5 4BA - £466,000

14 OAK DRIVE is a very small extended detached house of 82m², built sometime between 1976 and 1982. It was last sold for £466,000 in November 2021, which was around 31% below the average November 2021 detached price in the Wokingham local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

14 OAK DRIVE Sold Prices

Land registry data shows two sales for 14 OAK DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. Both of the two 14 OAK DRIVE 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
2021 5 NOV	£466,000	£675,471	31% below HPI
2002 9 MAY	£202,000	£298,924	32% below HPI

14 OAK DRIVE 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 two 14 OAK DRIVE sales from May 2002 and November 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 May 2002 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the November 2021 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 14 OAK DRIVE?

14 OAK DRIVE is 82m², which includes two extensions, according to the EPC inspection conducted in June 2016. This puts it in the smallest 20% of detached houses in Woodley, based on EPC data. The below chart shows the distribution of detached houses by size in Woodley, and where 14 OAK DRIVE lies on this distribution: 14% of detached houses are smaller than 14 OAK DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Woodley.

14 OAK DRIVE: Plot and Title Map

14 OAK DRIVE sits on a plot of roughly 0.118 of an acre, or 479m². The below map shows the location of 14 OAK DRIVE, 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 14 OAK DRIVE). 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 14 OAK DRIVE?

14 OAK DRIVE is located in WOODLEY, in the RG5 postcode district. The below map shows the position of No. 14 on OAK DRIVE.