16, CENTURY DRIVE, SPENCERS WOOD, READING, RG7 1PE - £248,500

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 CENTURY DRIVE is a very small detached house of 79m², built sometime between 1996 and 2002. It was last sold for £248,500 in August 2005, which was around 31% below the average August 2005 detached price in the Wokingham local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

16 CENTURY DRIVE Sold Prices

Land registry data shows two sales for 16 CENTURY DRIVE 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 CENTURY DRIVE 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
2005 22 AUG	£248,500	£358,904	31% below HPI
1995 21 AUG	£94,950	£133,248	29% below HPI

16 CENTURY DRIVE 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 CENTURY DRIVE sales from August 1995 and August 2005 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 1995 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2005 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 16 CENTURY DRIVE?

16 CENTURY DRIVE is 79m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 10% 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 CENTURY DRIVE lies on this distribution: 3% of detached houses are smaller than 16 CENTURY DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Spencers Wood.

16 CENTURY DRIVE: Plot and Title Map

16 CENTURY DRIVE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 16 CENTURY DRIVE, 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 CENTURY DRIVE). 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 CENTURY DRIVE?

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