11, SPENCER CLOSE, WOKINGHAM, RG41 3BW - £370,000

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.

11 SPENCER CLOSE is a small detached house of 111m², built sometime between 1976 and 1982, which could now be worth an estimated £615,309. It was last sold for £370,000 in November 2013, which was around 21% below the average November 2013 detached price in the Wokingham local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was C.

11 SPENCER CLOSE Sold Prices

Land registry data shows two sales for 11 SPENCER 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 SPENCER 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
2013 6 NOV	£370,000	£467,082	21% below HPI
2009 20 JAN	£300,000	£374,955	20% below HPI

11 SPENCER 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 SPENCER CLOSE sales from January 2009 and November 2013 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 2009 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2013 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 11 SPENCER CLOSE be worth now?

11 SPENCER CLOSE might now be worth an estimated £615,309.

This is based on house price inflation of 66.3%, between November 2013 and February 2025, for detached houses, in the Wokingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 66.3% inflationary increase is applied to the most recent sale price for 11 SPENCER CLOSE of £370,000 on 6th November 2013. For the value to have increased from £370,000 to £615,309 over the twelve years and nine months to February 2025, the following assumptions must hold true:

• The value of 11 SPENCER CLOSE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The November 2013 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 11 SPENCER CLOSE has not materially changed since November 2013.

How Large is 11 SPENCER CLOSE?

11 SPENCER CLOSE is 111m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 30% of detached houses houses in Wokingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wokingham, and where 11 SPENCER CLOSE lies on this distribution: 26% of detached houses houses are smaller than 11 SPENCER CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

11 SPENCER CLOSE: Plot and Title Map

11 SPENCER CLOSE sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 11 SPENCER 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 SPENCER 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 SPENCER CLOSE?

11 SPENCER CLOSE is located in WOKINGHAM, in the RG41 postcode district. The below map shows the position of No. 11 on SPENCER CLOSE.