1A, WOODLAND DRIVE, TILEHURST, READING, RG30 4RT - £535,000

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.

1A WOODLAND DRIVE is a midsized detached house of 118m², built sometime between 1976 and 1982, which could now be worth an estimated £618,010. It was last sold for £535,000 in March 2020, which was around 10% below the average March 2020 detached price in the Reading local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.

1A WOODLAND DRIVE Sold Prices

Land registry data shows two sales for 1A WOODLAND 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 Reading local authority area for the corresponding sale date. Both of the two 1A WOODLAND 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
2020 25 MAR	£535,000	£593,522	10% below HPI
2014 11 FEB	£392,000	£443,126	12% below HPI

1A WOODLAND DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Reading local authority area over time, sourced from the HPI. The two 1A WOODLAND DRIVE sales from February 2014 and March 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 February 2014 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the March 2020 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 1A WOODLAND DRIVE be worth now?

1A WOODLAND DRIVE might now be worth an estimated £618,010.

This is based on house price inflation of 15.5%, between March 2020 and March 2025, for detached houses, in the Reading local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.5% inflationary increase is applied to the most recent sale price for 1A WOODLAND DRIVE of £535,000 on 25th March 2020. For the value to have increased from £535,000 to £618,010 over the five years to March 2025, the following assumptions must hold true:

• The value of 1A WOODLAND DRIVE has moved in line with the HPI for detached houses in the Reading local authority area.
• The March 2020 sale price of £535,000 represented a fair market value for the property.
• The size, condition, and specification of 1A WOODLAND DRIVE has not materially changed since March 2020.

How Large is 1A WOODLAND DRIVE?

1A WOODLAND DRIVE is 118m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 50% of detached houses houses in Reading, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reading, and where 1A WOODLAND DRIVE lies on this distribution: 48% of detached houses houses are smaller than 1A WOODLAND DRIVE, and 51% of houses are larger. Note that EPC data is not available for all properties in Reading.

1A WOODLAND DRIVE: Plot and Title Map

1A WOODLAND DRIVE sits on a plot of roughly 0.097 of an acre, or 392m². The below map shows the location of 1A WOODLAND 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 1A WOODLAND 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 1A WOODLAND DRIVE?

1A WOODLAND DRIVE is located in TILEHURST, in the RG30 postcode district. The below map shows the position of No. 1A on WOODLAND DRIVE.