2, BEATTY RISE, SPENCERS WOOD, READING, RG7 1FQ - £369,000

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.

2 BEATTY RISE is a small detached house of 110m², built sometime between 2003 and 2006, which could now be worth an estimated £447,234. It was last sold for £369,000 in July 2018, which was around 42% below the average July 2018 detached price in the Wokingham local authority area. The most recent EPC inspection was January 2018, where the current energy rating was C, and the potential energy rating was B.

2 BEATTY RISE Sold Prices

Land registry data shows two sales for 2 BEATTY RISE 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 2 BEATTY RISE 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
2018 19 JUL	£369,000	£640,879	42% below HPI
2007 22 OCT	£299,950	£442,627	32% below HPI

2 BEATTY RISE 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 2 BEATTY RISE sales from October 2007 and July 2018 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 2007 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the July 2018 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 2 BEATTY RISE be worth now?

2 BEATTY RISE might now be worth an estimated £447,234.

This is based on house price inflation of 21.2%, between July 2018 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 21.2% inflationary increase is applied to the most recent sale price for 2 BEATTY RISE of £369,000 on 19th July 2018. For the value to have increased from £369,000 to £447,234 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 2 BEATTY RISE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The July 2018 sale price of £369,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BEATTY RISE has not materially changed since July 2018.

How Large is 2 BEATTY RISE?

2 BEATTY RISE is 110m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 30% 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 2 BEATTY RISE lies on this distribution: 22% of detached houses houses are smaller than 2 BEATTY RISE, and 75% of houses are larger. Note that EPC data is not available for all properties in Spencers Wood.

2 BEATTY RISE: Plot and Title Map

2 BEATTY RISE sits on a plot of roughly 0.037 of an acre, or 149m². The below map shows the location of 2 BEATTY RISE, 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 2 BEATTY RISE). 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 2 BEATTY RISE?

2 BEATTY RISE is located in SPENCERS WOOD, in the RG7 postcode district. The below map shows the position of No. 2 on BEATTY RISE.