3, JORDAN CLOSE, SPENCERS WOOD, READING, RG7 1BT - £315,000

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

3 JORDAN CLOSE is a very large extended detached house of 220m², built sometime between 1983 and 1990. It was last sold for £315,000 in July 1999, which was around 57% above the average July 1999 detached price in the Wokingham local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

3 JORDAN CLOSE Sold Prices

Land registry data shows two sales for 3 JORDAN 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 3 JORDAN CLOSE 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
1999 1 JUL	£315,000	£200,037	57% above HPI
1995 27 MAR	£171,000	£130,442	31% above HPI

3 JORDAN 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 3 JORDAN CLOSE sales from March 1995 and July 1999 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 March 1995 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the July 1999 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.

How Large is 3 JORDAN CLOSE?

3 JORDAN CLOSE is 220m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the largest 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 3 JORDAN CLOSE lies on this distribution: 96% of detached houses are smaller than 3 JORDAN CLOSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Spencers Wood.

3 JORDAN CLOSE: Plot and Title Map

3 JORDAN CLOSE sits on a plot of roughly 0.214 of an acre, or 865m². The below map shows the location of 3 JORDAN 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 3 JORDAN 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 3 JORDAN CLOSE?

3 JORDAN CLOSE is located in SPENCERS WOOD, in the RG7 postcode district. The below map shows the position of No. 3 on JORDAN CLOSE.