OAKLANDS, CUTBUSH LANE, LOWER EARLEY, READING, RG6 4UU - £450,000

OAKLANDS is a small detached house of 109m², built sometime between 1983 and 1990. It was last sold for £450,000 in May 2012, which was around 9% above the average May 2012 detached price in the Wokingham local authority area. The most recent EPC inspection was February 2012, where the current energy rating was F, and the potential energy rating was E.

OAKLANDS Sold Prices

Land registry data shows two sales for OAKLANDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. Both of the two OAKLANDS sales were for above 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
2012 11 MAY	£450,000	£414,522	9% above HPI
2008 28 APR	£425,000	£416,267	2% above HPI

OAKLANDS 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 two OAKLANDS sales from April 2008 and May 2012 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 April 2008 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the May 2012 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is OAKLANDS?

OAKLANDS is 109m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 40% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where OAKLANDS lies on this distribution: 38% of detached houses are smaller than OAKLANDS, and 62% of houses are larger. Note that EPC data is not available for all properties in Reading.

OAKLANDS: Plot and Title Map

OAKLANDS sits on a plot of roughly 0.121 of an acre, or 492m². The below map shows the location of OAKLANDS, 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 OAKLANDS). 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 OAKLANDS?

OAKLANDS is located on CUTBUSH LANE in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of OAKLANDS on CUTBUSH LANE.