WOOD AVENS, READES LANE, GALLOWSTREE COMMON, READING, RG4 9DP - £795,000

WOOD AVENS is a small extended detached house of 115m², built sometime between 1950 and 1966. It was last sold for £795,000 in September 2021, which was around 1% above the average September 2021 detached price in the South Oxfordshire local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

WOOD AVENS Sold Prices

Land registry data shows two sales for WOOD AVENS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Oxfordshire local authority area for the corresponding sale date. Both of the two WOOD AVENS 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 29 SEP	£795,000	£785,302	1% above HPI
2004 13 JUL	£393,000	£369,981	6% above HPI

WOOD AVENS Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Oxfordshire local authority area over time, sourced from the HPI. The two WOOD AVENS sales from July 2004 and September 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 July 2004 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the September 2021 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is WOOD AVENS?

WOOD AVENS is 115m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the smallest 30% of detached houses in Gallowstree Common, based on EPC data. The below chart shows the distribution of detached houses by size in Gallowstree Common, and where WOOD AVENS lies on this distribution: 30% of detached houses are smaller than WOOD AVENS, and 70% of houses are larger. Note that EPC data is not available for all properties in Gallowstree Common.

WOOD AVENS: Plot and Title Map

WOOD AVENS sits on a plot of roughly 0.198 of an acre, or 803m². The below map shows the location of WOOD AVENS, 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 WOOD AVENS). 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 WOOD AVENS?

WOOD AVENS is located on READES LANE in GALLOWSTREE COMMON, in the RG4 postcode district. The below map shows the position of WOOD AVENS on READES LANE.