54, CENTURY DRIVE, SPENCERS WOOD, READING, RG7 1PE - £500,000

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

54 CENTURY DRIVE is a very small detached house of 101m², built sometime between 1991 and 1995. It was last sold for £500,000 in December 2018, which was around 20% below the average December 2018 detached price in the Wokingham local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was D.

54 CENTURY DRIVE Sold Prices

Land registry data shows five sales for 54 CENTURY 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 54 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
2018 14 DEC	£500,000	£622,133	20% below HPI
2011 17 AUG	£347,000	£418,286	17% below HPI
2005 16 DEC	£305,000	£355,922	14% below HPI
2002 28 JUN	£275,000	£299,502	8% below HPI
1995 19 OCT	£120,000	£132,059	9% below HPI

54 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 five 54 CENTURY DRIVE sales between October 1995 and December 2018 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 August 2011 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the December 2018 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 54 CENTURY DRIVE?

54 CENTURY DRIVE is 101m² according to the EPC inspection conducted in January 2011. 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 54 CENTURY DRIVE lies on this distribution: 15% of detached houses are smaller than 54 CENTURY DRIVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Spencers Wood.

54 CENTURY DRIVE: Plot and Title Map

54 CENTURY DRIVE sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 54 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 54 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 54 CENTURY DRIVE?

54 CENTURY DRIVE is located in SPENCERS WOOD, in the RG7 postcode district. The below map shows the position of No. 54 on CENTURY DRIVE.