12, SPENCER ROAD, NEWBURY, RG14 6QA - £450,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

12 SPENCER ROAD is a small extended detached house of 104m², built sometime between 1950 and 1966. It was last sold for £450,000 in May 2019, which was around 23% below the average May 2019 detached price in the West Berkshire local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.

12 SPENCER ROAD Sold Prices

Land registry data shows two sales for 12 SPENCER ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. One of the two 12 SPENCER ROAD sales was for below the average price, whilst the other was 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
2019 3 MAY	£450,000	£586,472	23% below HPI
2012 17 JAN	£425,000	£411,912	3% above HPI

12 SPENCER ROAD 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 two 12 SPENCER ROAD sales from January 2012 and May 2019 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 2012 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the May 2019 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 12 SPENCER ROAD be worth now?

12 SPENCER ROAD might now be worth an estimated £532,518.

This is based on house price inflation of 18.3%, between May 2019 and December 2024, 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 18.3% inflationary increase is applied to the most recent sale price for 12 SPENCER ROAD of £450,000 on 3rd May 2019. For the value to have increased from £450,000 to £532,518 over the four years and five months to December 2024, the following assumptions must hold true:

• The value of 12 SPENCER ROAD has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The May 2019 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 12 SPENCER ROAD has not materially changed since May 2019.

How Large is 12 SPENCER ROAD?

12 SPENCER ROAD is 104m², which includes one extension, according to the EPC inspection conducted in August 2011. This puts it in the smallest 30% of detached houses houses in Newbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newbury, and where 12 SPENCER ROAD lies on this distribution: 29% of detached houses houses are smaller than 12 SPENCER ROAD, and 71% of houses are larger. Note that EPC data is not available for all properties in Newbury.

12 SPENCER ROAD: Plot and Title Map

12 SPENCER ROAD sits on a plot of roughly 0.191 of an acre, or 771m². The below map shows the location of 12 SPENCER ROAD, 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 12 SPENCER ROAD). 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 12 SPENCER ROAD?

12 SPENCER ROAD is located in NEWBURY, in the RG14 postcode district. The below map shows the position of No. 12 on SPENCER ROAD.