19, ORCHARD CLOSE, SPENCERS WOOD, READING, RG7 1EJ - £320,000

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.

19 ORCHARD CLOSE is a very small extended detached house of 106m², built sometime between 1967 and 1975, which could now be worth an estimated £647,410. It was last sold for £320,000 in July 2009, which was around 17% below the average July 2009 detached price in the Wokingham local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was C.

19 ORCHARD CLOSE Sold Prices

Land registry data shows two sales for 19 ORCHARD 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 19 ORCHARD 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
2009 15 JUL	£320,000	£383,933	17% below HPI
2001 15 NOV	£207,000	£300,812	31% below HPI

19 ORCHARD 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 19 ORCHARD CLOSE sales from November 2001 and July 2009 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 November 2001 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2009 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 19 ORCHARD CLOSE be worth now?

19 ORCHARD CLOSE might now be worth an estimated £647,410.

This is based on house price inflation of 102.3%, between July 2009 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 102.3% inflationary increase is applied to the most recent sale price for 19 ORCHARD CLOSE of £320,000 on 15th July 2009. For the value to have increased from £320,000 to £647,410 over the sixteen years and five months to February 2025, the following assumptions must hold true:

• The value of 19 ORCHARD CLOSE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The July 2009 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 19 ORCHARD CLOSE has not materially changed since July 2009.

How Large is 19 ORCHARD CLOSE?

19 ORCHARD CLOSE is 106m², which includes two extensions, according to the EPC inspection conducted in November 2008. This puts it in the smallest 20% of detached houses houses in Spencers Wood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Spencers Wood, and where 19 ORCHARD CLOSE lies on this distribution: 18% of detached houses houses are smaller than 19 ORCHARD CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Spencers Wood.

19 ORCHARD CLOSE: Plot and Title Map

19 ORCHARD CLOSE sits on a plot of roughly 0.110 of an acre, or 447m². The below map shows the location of 19 ORCHARD 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 19 ORCHARD 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 19 ORCHARD CLOSE?

19 ORCHARD CLOSE is located in SPENCERS WOOD, in the RG7 postcode district. The below map shows the position of No. 19 on ORCHARD CLOSE.