48, WOODLANDS AVENUE, WOODLEY, READING, RG5 3HJ - £460,000

48 WOODLANDS AVENUE is a very small detached house of 78m², built sometime between 1950 and 1966. It was last sold for £460,000 in October 2016, which was around 25% below the average October 2016 detached price in the Wokingham local authority area. The most recent EPC inspection was May 2016, where the current energy rating was E, and the potential energy rating was B.

48 WOODLANDS AVENUE Sold Prices

Land registry data shows three sales for 48 WOODLANDS AVENUE 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 48 WOODLANDS AVENUE 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
2016 12 OCT	£460,000	£614,147	25% below HPI
2003 6 OCT	£211,000	£332,979	37% below HPI
1997 26 NOV	£75,000	£170,593	56% below HPI

48 WOODLANDS AVENUE 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 48 WOODLANDS AVENUE sales between November 1997 and October 2016 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 2003 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the October 2016 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 48 WOODLANDS AVENUE?

48 WOODLANDS AVENUE is 78m² according to the EPC inspection conducted in May 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 48 WOODLANDS AVENUE lies on this distribution: 11% of detached houses are smaller than 48 WOODLANDS AVENUE, and 89% of houses are larger. Note that EPC data is not available for all properties in Woodley.

48 WOODLANDS AVENUE: Plot and Title Map

48 WOODLANDS AVENUE sits on a plot of roughly 0.116 of an acre, or 471m². The below map shows the location of 48 WOODLANDS AVENUE, 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 48 WOODLANDS AVENUE). 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 48 WOODLANDS AVENUE?

48 WOODLANDS AVENUE is located in WOODLEY, in the RG5 postcode district. The below map shows the position of No. 48 on WOODLANDS AVENUE.