4, PACKER CLOSE, SPENCERS WOOD, READING, RG7 1FA - £442,500

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 PACKER CLOSE is a very small semi-detached house of 108m², which could now be worth an estimated £532,180. It was last sold for £442,500 in November 2020, which was around 6% above the average November 2020 semi-detached price in the Wokingham local authority area. The most recent EPC inspection was March 2016, where the current energy rating was B, and the potential energy rating was A.

4 PACKER CLOSE Sold Prices

Land registry data shows two sales for 4 PACKER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Wokingham local authority area for the corresponding sale date. Both of the two 4 PACKER 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
2020 26 NOV	£442,500	£416,562	6% above HPI
2016 20 MAY	£445,000	£398,983	12% above HPI

4 PACKER CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wokingham local authority area over time, sourced from the HPI. The two 4 PACKER CLOSE sales from May 2016 and November 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 May 2016 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the November 2020 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 4 PACKER CLOSE be worth now?

4 PACKER CLOSE might now be worth an estimated £532,180.

This is based on house price inflation of 20.3%, between November 2020 and February 2025, for semi-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 20.3% inflationary increase is applied to the most recent sale price for 4 PACKER CLOSE of £442,500 on 26th November 2020. For the value to have increased from £442,500 to £532,180 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 4 PACKER CLOSE has moved in line with the HPI for semi-detached houses in the Wokingham local authority area.
• The November 2020 sale price of £442,500 represented a fair market value for the property.
• The size, condition, and specification of 4 PACKER CLOSE has not materially changed since November 2020.

How Large is 4 PACKER CLOSE?

4 PACKER CLOSE is 108m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 20% of semi-detached houses houses in Spencers Wood, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Spencers Wood, and where 4 PACKER CLOSE lies on this distribution: 19% of semi-detached houses houses are smaller than 4 PACKER CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Spencers Wood.

4 PACKER CLOSE: Plot and Title Map

4 PACKER CLOSE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 4 PACKER 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 4 PACKER 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 4 PACKER CLOSE?

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