5, BENHAM DRIVE, SPENCERS WOOD, READING, RG7 1FB - £442,500

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

5 BENHAM DRIVE is a large detached house of 150m², built sometime between 2003 and 2006. It was last sold for £442,500 in February 2019, which was around 27% below the average February 2019 detached price in the Wokingham local authority area. The most recent EPC inspection was May 2018, where the current energy rating was B, and the potential energy rating was B.

5 BENHAM DRIVE Sold Prices

Land registry data shows three sales for 5 BENHAM DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. Two of the three 5 BENHAM DRIVE sales were for below the average price, whilst one was 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
2019 20 FEB	£442,500	£606,162	27% below HPI
2012 27 SEP	£412,500	£425,662	3% below HPI
2007 27 FEB	£459,950	£396,238	16% above HPI

5 BENHAM 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 three 5 BENHAM DRIVE sales between February 2007 and February 2019 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 September 2012 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the February 2019 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 5 BENHAM DRIVE?

5 BENHAM DRIVE is 150m² according to the EPC inspection conducted in May 2018. This puts it in the largest 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 5 BENHAM DRIVE lies on this distribution: 62% of detached houses are smaller than 5 BENHAM DRIVE, and 37% of houses are larger. Note that EPC data is not available for all properties in Spencers Wood.

5 BENHAM DRIVE: Plot and Title Map

5 BENHAM DRIVE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 5 BENHAM 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 5 BENHAM 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 5 BENHAM DRIVE?

5 BENHAM DRIVE is located in SPENCERS WOOD, in the RG7 postcode district. The below map shows the position of No. 5 on BENHAM DRIVE.