4, NORMAN RISE, SPENCERS WOOD, READING, RG7 1YW - £483,000

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.

4 NORMAN RISE is a very small detached house of 93m², which could now be worth an estimated £513,056. It was last sold for £483,000 in December 2023, which was around 34% below the average December 2023 detached price in the Wokingham local authority area. The most recent EPC inspection was May 2019, where the current energy rating was B, and the potential energy rating was A.

4 NORMAN RISE Sold Prices

Land registry data shows two sales for 4 NORMAN 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 4 NORMAN 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
2023 7 DEC	£483,000	£731,252	34% below HPI
2019 6 JUN	£415,000	£620,351	33% below HPI

4 NORMAN 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 4 NORMAN RISE sales from June 2019 and December 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 June 2019 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the December 2023 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 4 NORMAN RISE be worth now?

4 NORMAN RISE might now be worth an estimated £513,056.

This is based on house price inflation of 6.2%, between December 2023 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 6.2% inflationary increase is applied to the most recent sale price for 4 NORMAN RISE of £483,000 on 7th December 2023. For the value to have increased from £483,000 to £513,056 over the two years and ten months to February 2025, the following assumptions must hold true:

• The value of 4 NORMAN RISE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The December 2023 sale price of £483,000 represented a fair market value for the property.
• The size, condition, and specification of 4 NORMAN RISE has not materially changed since December 2023.

How Large is 4 NORMAN RISE?

4 NORMAN RISE is 93m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 20% 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 4 NORMAN RISE lies on this distribution: 11% of detached houses houses are smaller than 4 NORMAN RISE, and 88% of houses are larger. Note that EPC data is not available for all properties in Spencers Wood.

4 NORMAN RISE: Plot and Title Map

4 NORMAN RISE sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 4 NORMAN 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 4 NORMAN 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 4 NORMAN RISE?

4 NORMAN RISE is located in SPENCERS WOOD, in the RG7 postcode district. The below map shows the position of No. 4 on NORMAN RISE.