15, PEARSON WAY, WOODLEY, READING, RG5 3QH - £325,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 PEARSON WAY is a very small detached house of 77m², which could now be worth an estimated £395,729. It was last sold for £325,000 in March 2017, which was around 49% below the average March 2017 detached price in the Wokingham local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was B.

15 PEARSON WAY Sold Prices

Land registry data shows two sales for 15 PEARSON 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 Wokingham local authority area for the corresponding sale date. Both of the two 15 PEARSON WAY 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
2017 27 MAR	£325,000	£637,926	49% below HPI
2010 8 OCT	£250,000	£432,428	42% below HPI

15 PEARSON WAY 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 15 PEARSON WAY sales from October 2010 and March 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 2010 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the March 2017 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might 15 PEARSON WAY be worth now?

15 PEARSON WAY might now be worth an estimated £395,729.

This is based on house price inflation of 21.8%, between March 2017 and February 2025, for detached houses, in the Wokingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.8% inflationary increase is applied to the most recent sale price for 15 PEARSON WAY of £325,000 on 27th March 2017. For the value to have increased from £325,000 to £395,729 over the eight years and one month to February 2025, the following assumptions must hold true:

• The value of 15 PEARSON WAY has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The March 2017 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 15 PEARSON WAY has not materially changed since March 2017.

How Large is 15 PEARSON WAY?

15 PEARSON WAY is 77m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 10% of detached houses houses in Woodley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woodley, and where 15 PEARSON WAY lies on this distribution: 9% of detached houses houses are smaller than 15 PEARSON WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Woodley.

15 PEARSON WAY: Plot and Title Map

15 PEARSON WAY sits on a plot of roughly 0.043 of an acre, or 174m². The below map shows the location of 15 PEARSON 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 15 PEARSON 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 15 PEARSON WAY?

15 PEARSON WAY is located in WOODLEY, in the RG5 postcode district. The below map shows the position of No. 15 on PEARSON WAY.