16, LAVENHAM DRIVE, WOODLEY, READING, RG5 4PP - £500,000

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.

16 LAVENHAM DRIVE is a very small detached house of 71m², built sometime between 1967 and 1975, which could now be worth an estimated £512,298. It was last sold for £500,000 in October 2023, which was around 34% below the average October 2023 detached price in the Wokingham local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.

16 LAVENHAM DRIVE Sold Prices

Land registry data shows three sales for 16 LAVENHAM DRIVE 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. All of the three 16 LAVENHAM 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
2023 18 OCT	£500,000	£758,323	34% below HPI
2015 16 JAN	£350,000	£533,277	34% below HPI
2009 11 DEC	£295,000	£407,502	28% below HPI

16 LAVENHAM 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 three 16 LAVENHAM DRIVE sales between December 2009 and October 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 January 2015 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the October 2023 sale, which was also at 34% below the HPI.

What might 16 LAVENHAM DRIVE be worth now?

16 LAVENHAM DRIVE might now be worth an estimated £512,298.

This is based on house price inflation of 2.5%, between October 2023 and June 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 2.5% inflationary increase is applied to the most recent sale price for 16 LAVENHAM DRIVE of £500,000 on 18th October 2023. For the value to have increased from £500,000 to £512,298 over the two years and four months to June 2025, the following assumptions must hold true:

• The value of 16 LAVENHAM DRIVE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The October 2023 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 16 LAVENHAM DRIVE has not materially changed since October 2023.

How Large is 16 LAVENHAM DRIVE?

16 LAVENHAM DRIVE is 71m² according to the EPC inspection conducted in July 2023. 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 16 LAVENHAM DRIVE lies on this distribution: 5% of detached houses houses are smaller than 16 LAVENHAM DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Woodley.

16 LAVENHAM DRIVE: Plot and Title Map

16 LAVENHAM DRIVE sits on a plot of roughly 0.137 of an acre, or 554m². The below map shows the location of 16 LAVENHAM 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 16 LAVENHAM 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 16 LAVENHAM DRIVE?

16 LAVENHAM DRIVE is located in WOODLEY, in the RG5 postcode district. The below map shows the position of No. 16 on LAVENHAM DRIVE.