2, HILL VIEW, SPENCERS WOOD, READING, RG7 1QB - £780,000

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

2 HILL VIEW is a large detached house of 157m², built sometime between 1991 and 1995. It was last sold for £780,000 in July 2023, which was around 9% above the average July 2023 detached price in the Wokingham local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

2 HILL VIEW Sold Prices

Land registry data shows five sales for 2 HILL VIEW since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the five 2 HILL VIEW sales were for above 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
2023 20 JUL	£780,000	£712,467	9% above HPI
2018 19 DEC	£630,000	£622,133	1% above HPI
2010 25 JUN	£512,500	£407,633	26% above HPI
2005 10 MAY	£450,000	£346,592	30% above HPI
2003 17 OCT	£424,000	£332,979	27% above HPI

2 HILL VIEW 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 five 2 HILL VIEW sales between October 2003 and July 2023 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 December 2018 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the July 2023 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 2 HILL VIEW?

2 HILL VIEW is 157m² according to the EPC inspection conducted in April 2023. This puts it in the largest 40% 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 2 HILL VIEW lies on this distribution: 67% of detached houses are smaller than 2 HILL VIEW, and 32% of houses are larger. Note that EPC data is not available for all properties in Spencers Wood.

2 HILL VIEW: Plot and Title Map

2 HILL VIEW sits on a plot of roughly 0.143 of an acre, or 581m². The below map shows the location of 2 HILL VIEW, 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 HILL VIEW). 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 HILL VIEW?

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