OAKLEY COTTAGE, WESTBURY LANE, PURLEY ON THAMES, READING, RG8 8DL - £725,000

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.

OAKLEY COTTAGE is a very large detached house of 174m², built sometime between 2003 and 2006, which could now be worth an estimated £844,112. It was last sold for £725,000 in March 2021, which was around 21% above the average March 2021 detached price in the West Berkshire local authority area. The most recent EPC inspection was October 2008, where the current energy rating was C, and the potential energy rating was C.

OAKLEY COTTAGE Sold Prices

Land registry data shows four sales for OAKLEY COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. All of the four OAKLEY COTTAGE 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
2021 9 MAR	£725,000	£597,293	21% above HPI
2012 1 NOV	£543,500	£429,819	26% above HPI
2009 8 APR	£399,000	£346,508	15% above HPI
2005 18 AUG	£525,000	£353,463	49% above HPI

OAKLEY COTTAGE 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 four OAKLEY COTTAGE sales between August 2005 and March 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 November 2012 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the March 2021 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might OAKLEY COTTAGE be worth now?

OAKLEY COTTAGE might now be worth an estimated £844,112.

This is based on house price inflation of 16.4%, between March 2021 and July 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 16.4% inflationary increase is applied to the most recent sale price for OAKLEY COTTAGE of £725,000 on 9th March 2021. For the value to have increased from £725,000 to £844,112 over the three years and eight months to July 2025, the following assumptions must hold true:

• The value of OAKLEY COTTAGE has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The March 2021 sale price of £725,000 represented a fair market value for the property.
• The size, condition, and specification of OAKLEY COTTAGE has not materially changed since March 2021.

How Large is OAKLEY COTTAGE?

OAKLEY COTTAGE is 174m² according to the EPC inspection conducted in October 2008. This puts it in the largest 20% 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 OAKLEY COTTAGE lies on this distribution: 86% of detached houses houses are smaller than OAKLEY COTTAGE, and 14% of houses are larger. Note that EPC data is not available for all properties in Reading.

OAKLEY COTTAGE: Plot and Title Map

OAKLEY COTTAGE sits on a plot of roughly 0.157 of an acre, or 636m². The below map shows the location of OAKLEY COTTAGE, 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 OAKLEY COTTAGE). 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 OAKLEY COTTAGE?

OAKLEY COTTAGE is located on WESTBURY LANE in PURLEY ON THAMES, in the RG8 postcode district. The below map shows the position of OAKLEY COTTAGE on WESTBURY LANE.