3, SEVENOAKS DRIVE, SPENCERS WOOD, READING, RG7 1AZ - £337,500

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 SEVENOAKS DRIVE is a small extended detached house of 115m², built sometime between 1996 and 2002. It was last sold for £337,500 in December 2012, which was around 20% below the average December 2012 detached price in the Wokingham local authority area. The most recent EPC inspection was August 2024, where the current energy rating was C, and the potential energy rating was B.

3 SEVENOAKS DRIVE Sold Prices

Land registry data shows five sales for 3 SEVENOAKS DRIVE 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 3 SEVENOAKS DRIVE 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
2012 17 DEC	£337,500	£422,081	20% below HPI
2007 31 JAN	£315,000	£393,483	20% below HPI
2001 20 NOV	£246,500	£291,746	16% below HPI
2000 17 APR	£205,000	£248,134	17% below HPI
1997 4 APR	£130,000	£150,132	13% below HPI

3 SEVENOAKS DRIVE 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 3 SEVENOAKS DRIVE sales between April 1997 and December 2012 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 January 2007 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the December 2012 sale, which was also at 20% below the HPI.

How Large is 3 SEVENOAKS DRIVE?

3 SEVENOAKS DRIVE is 115m², which includes one extension, according to the EPC inspection conducted in August 2024. This puts it in the smallest 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 3 SEVENOAKS DRIVE lies on this distribution: 32% of detached houses are smaller than 3 SEVENOAKS DRIVE, and 66% of houses are larger. Note that EPC data is not available for all properties in Spencers Wood.

3 SEVENOAKS DRIVE: Plot and Title Map

3 SEVENOAKS DRIVE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 3 SEVENOAKS DRIVE, 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 SEVENOAKS DRIVE). 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 SEVENOAKS DRIVE?

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