11, SALMON CLOSE, SPENCERS WOOD, READING, RG7 1EG - £420,000

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

11 SALMON CLOSE is a very small extended detached house of 95m², built sometime between 1967 and 1975. It was last sold for £420,000 in July 2018, which was around 32% below the average July 2018 detached price in the Wokingham local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was B.

11 SALMON CLOSE Sold Prices

Land registry data shows two sales for 11 SALMON CLOSE 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 11 SALMON CLOSE 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
2018 25 JUL	£420,000	£621,565	32% below HPI
2014 28 AUG	£370,000	£504,363	27% below HPI

11 SALMON CLOSE 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 11 SALMON CLOSE sales from August 2014 and July 2018 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 2014 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the July 2018 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 11 SALMON CLOSE?

11 SALMON CLOSE is 95m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the smallest 20% 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 11 SALMON CLOSE lies on this distribution: 13% of detached houses are smaller than 11 SALMON CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Spencers Wood.

11 SALMON CLOSE: Plot and Title Map

11 SALMON CLOSE sits on a plot of roughly 0.063 of an acre, or 257m². The below map shows the location of 11 SALMON CLOSE, 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 11 SALMON CLOSE). 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 11 SALMON CLOSE?

11 SALMON CLOSE is located in SPENCERS WOOD, in the RG7 postcode district. The below map shows the position of No. 11 on SALMON CLOSE.