24, MARLOW PLACE, SPENCERS WOOD, READING, RG7 1UF - £553,125

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

24 MARLOW PLACE is a midsized detached house of 134m², which could now be worth an estimated £651,829. It was last sold for £553,125 in December 2020, which was around 16% below the average December 2020 detached price in the Wokingham local authority area. The most recent EPC inspection was May 2016, where the current energy rating was B, and the potential energy rating was A.

24 MARLOW PLACE Sold Prices

Land registry data shows two sales for 24 MARLOW PLACE 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 24 MARLOW PLACE 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
2020 4 DEC	£553,125	£659,135	16% below HPI
2016 24 JUN	£560,000	£620,217	10% below HPI

24 MARLOW PLACE 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 24 MARLOW PLACE sales from June 2016 and December 2020 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 2016 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2020 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 24 MARLOW PLACE be worth now?

24 MARLOW PLACE might now be worth an estimated £651,829.

This is based on house price inflation of 17.8%, between December 2020 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 17.8% inflationary increase is applied to the most recent sale price for 24 MARLOW PLACE of £553,125 on 4th December 2020. For the value to have increased from £553,125 to £651,829 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 24 MARLOW PLACE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The December 2020 sale price of £553,125 represented a fair market value for the property.
• The size, condition, and specification of 24 MARLOW PLACE has not materially changed since December 2020.

How Large is 24 MARLOW PLACE?

24 MARLOW PLACE is 134m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 50% 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 24 MARLOW PLACE lies on this distribution: 46% of detached houses houses are smaller than 24 MARLOW PLACE, and 52% of houses are larger. Note that EPC data is not available for all properties in Spencers Wood.

24 MARLOW PLACE: Plot and Title Map

24 MARLOW PLACE sits on a plot of roughly 0.121 of an acre, or 489m². The below map shows the location of 24 MARLOW PLACE, 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 24 MARLOW PLACE). 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 24 MARLOW PLACE?

24 MARLOW PLACE is located in SPENCERS WOOD, in the RG7 postcode district. The below map shows the position of No. 24 on MARLOW PLACE.