16, ALBERT CLOSE, SPENCERS WOOD, READING, RG7 1UQ - £497,500

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

16 ALBERT CLOSE is a small detached house of 110m². It was last sold for £497,500 in August 2021, which was around 24% below the average August 2021 detached price in the Wokingham local authority area. The most recent EPC inspection was March 2017, where the current energy rating was B, and the potential energy rating was A.

16 ALBERT CLOSE Sold Prices

Land registry data shows two sales for 16 ALBERT 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 16 ALBERT 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
2021 25 AUG	£497,500	£658,090	24% below HPI
2017 16 JUN	£465,000	£609,810	24% below HPI

16 ALBERT 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 16 ALBERT CLOSE sales from June 2017 and August 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 June 2017 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2021 sale, which was also at 24% below the HPI.

How Large is 16 ALBERT CLOSE?

16 ALBERT CLOSE is 110m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 30% 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 16 ALBERT CLOSE lies on this distribution: 22% of detached houses are smaller than 16 ALBERT CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Spencers Wood.

16 ALBERT CLOSE: Plot and Title Map

16 ALBERT CLOSE sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 16 ALBERT 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 16 ALBERT 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 16 ALBERT CLOSE?

16 ALBERT CLOSE is located in SPENCERS WOOD, in the RG7 postcode district. The below map shows the position of No. 16 on ALBERT CLOSE.