MEMORIES, WOOLHAMPTON HILL, WOOLHAMPTON, READING, RG7 5ST - £560,000

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.

MEMORIES is a very small detached house of 115m², built sometime between 1967 and 1975, which could now be worth an estimated £596,369. It was last sold for £560,000 in November 2021, which was around 14% below the average November 2021 detached price in the West Berkshire local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

MEMORIES Sold Prices

Land registry data shows two sales for MEMORIES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. Both of the two MEMORIES 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
2021 24 NOV	£560,000	£647,502	14% below HPI
1995 1 AUG	£115,000	£130,462	12% below HPI

MEMORIES Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Berkshire local authority area over time, sourced from the HPI. The two MEMORIES sales from August 1995 and November 2021 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 August 1995 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might MEMORIES be worth now?

MEMORIES might now be worth an estimated £596,369.

This is based on house price inflation of 6.5%, between November 2021 and June 2025, for detached houses, in the West Berkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.5% inflationary increase is applied to the most recent sale price for MEMORIES of £560,000 on 24th November 2021. For the value to have increased from £560,000 to £596,369 over the four years and five months to June 2025, the following assumptions must hold true:

• The value of MEMORIES has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The November 2021 sale price of £560,000 represented a fair market value for the property.
• The size, condition, and specification of MEMORIES has not materially changed since November 2021.

How Large is MEMORIES?

MEMORIES is 115m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 10% of detached houses houses in Woolhampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woolhampton, and where MEMORIES lies on this distribution: 7% of detached houses houses are smaller than MEMORIES, and 93% of houses are larger. Note that EPC data is not available for all properties in Woolhampton.

MEMORIES: Plot and Title Map

MEMORIES sits on a plot of roughly 0.152 of an acre, or 616m². The below map shows the location of MEMORIES, 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 MEMORIES). 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 MEMORIES?

MEMORIES is located on WOOLHAMPTON HILL in WOOLHAMPTON, in the RG7 postcode district. The below map shows the position of MEMORIES on WOOLHAMPTON HILL.