CEDAR RISE, GLENDEVON ROAD, WOODLEY, READING, RG5 4PL - £520,000

CEDAR RISE is a large extended detached house of 128m², built sometime between 1950 and 1966. It was last sold for £520,000 in August 2016, which was around 16% below the average August 2016 detached price in the Wokingham local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was D.

CEDAR RISE Sold Prices

Land registry data shows three sales for CEDAR RISE 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 CEDAR RISE 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 11 AUG	£520,000	£615,943	16% below HPI
2011 13 MAY	£340,000	£417,674	19% below HPI
2009 18 SEP	£280,000	£385,606	27% below HPI

CEDAR RISE 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 CEDAR RISE sales between September 2009 and August 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 May 2011 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2016 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is CEDAR RISE?

CEDAR RISE is 128m², which includes two extensions, according to the EPC inspection conducted in September 2010. This puts it in the largest 40% of detached houses in Woodley, based on EPC data. The below chart shows the distribution of detached houses by size in Woodley, and where CEDAR RISE lies on this distribution: 63% of detached houses are smaller than CEDAR RISE, and 37% of houses are larger. Note that EPC data is not available for all properties in Woodley.

CEDAR RISE: Plot and Title Map

CEDAR RISE sits on a plot of roughly 0.163 of an acre, or 660m². The below map shows the location of CEDAR RISE, 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 CEDAR RISE). 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 CEDAR RISE?

CEDAR RISE is located on GLENDEVON ROAD in WOODLEY, in the RG5 postcode district. The below map shows the position of CEDAR RISE on GLENDEVON ROAD.