12B, GROVELANDS ROAD, SPENCERS WOOD, READING, RG7 1DP - £735,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

12B GROVELANDS ROAD is a very large detached house of 180m². It was last sold for £735,000 in September 2021, which was around 11% above the average September 2021 detached price in the Wokingham local authority area. The most recent EPC inspection was August 2019, where the current energy rating was B, and the potential energy rating was A.

12B GROVELANDS ROAD Sold Prices

Land registry data shows two sales for 12B GROVELANDS 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 Wokingham local authority area for the corresponding sale date. One of the two 12B GROVELANDS ROAD sales was for above the average price, whilst the other was 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 30 SEP	£735,000	£662,919	11% above HPI
2016 19 OCT	£321,000	£614,147	48% below HPI

12B GROVELANDS ROAD 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 12B GROVELANDS ROAD sales from October 2016 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 October 2016 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the September 2021 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 12B GROVELANDS ROAD?

12B GROVELANDS ROAD is 180m² according to the EPC inspection conducted in August 2019. This puts it in the largest 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 12B GROVELANDS ROAD lies on this distribution: 85% of detached houses are smaller than 12B GROVELANDS ROAD, and 15% of houses are larger. Note that EPC data is not available for all properties in Spencers Wood.

12B GROVELANDS ROAD: Plot and Title Map

12B GROVELANDS ROAD sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of 12B GROVELANDS 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 12B GROVELANDS 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 12B GROVELANDS ROAD?

12B GROVELANDS ROAD is located in SPENCERS WOOD, in the RG7 postcode district. The below map shows the position of No. 12B on GROVELANDS ROAD.