50, CENTURY DRIVE, SPENCERS WOOD, READING, RG7 1PE - £422,500

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

50 CENTURY DRIVE is a very small extended detached house of 104m², built sometime between 1996 and 2002. It was last sold for £422,500 in August 2015, which was around 25% below the average August 2015 detached price in the Wokingham local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

50 CENTURY DRIVE Sold Prices

Land registry data shows three sales for 50 CENTURY 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. All of the three 50 CENTURY 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
2015 7 AUG	£422,500	£562,405	25% below HPI
2003 25 JUN	£290,000	£326,852	11% below HPI
1996 26 JAN	£120,000	£132,768	10% below HPI

50 CENTURY 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 50 CENTURY DRIVE sales between January 1996 and August 2015 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 2003 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2015 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 50 CENTURY DRIVE?

50 CENTURY DRIVE is 104m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 20% 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 50 CENTURY DRIVE lies on this distribution: 17% of detached houses are smaller than 50 CENTURY DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Spencers Wood.

50 CENTURY DRIVE: Plot and Title Map

50 CENTURY DRIVE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 50 CENTURY 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 50 CENTURY 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 50 CENTURY DRIVE?

50 CENTURY DRIVE is located in SPENCERS WOOD, in the RG7 postcode district. The below map shows the position of No. 50 on CENTURY DRIVE.