1, CENTURY DRIVE, SPENCERS WOOD, READING, RG7 1PE - £460,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 CENTURY DRIVE is a very small detached house of 87m², built sometime from 2007 onwards. It was last sold for £460,000 in March 2021, which was around 26% below the average March 2021 detached price in the Wokingham local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

1 CENTURY DRIVE Sold Prices

Land registry data shows six sales for 1 CENTURY DRIVE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the six 1 CENTURY DRIVE 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 31 MAR	£460,000	£625,524	26% below HPI
2016 15 JAN	£405,000	£587,215	31% below HPI
2014 17 OCT	£300,000	£510,893	41% below HPI
2006 10 FEB	£250,000	£358,864	30% below HPI
2002 28 JUN	£220,000	£299,502	27% below HPI
1995 20 DEC	£107,950	£132,560	19% below HPI

1 CENTURY DRIVE 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 six 1 CENTURY DRIVE sales between December 1995 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 January 2016 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2021 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 1 CENTURY DRIVE?

1 CENTURY DRIVE is 87m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% of detached houses in Spencers Wood, based on EPC data. The below chart shows the distribution of detached houses by size in Spencers Wood, and where 1 CENTURY DRIVE lies on this distribution: 4% of detached houses are smaller than 1 CENTURY DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Spencers Wood.

1 CENTURY DRIVE: Plot and Title Map

1 CENTURY DRIVE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 1 CENTURY DRIVE, 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 1 CENTURY DRIVE). 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 1 CENTURY DRIVE?

1 CENTURY DRIVE is located in SPENCERS WOOD, in the RG7 postcode district. The below map shows the position of No. 1 on CENTURY DRIVE.