58, CLARES GREEN ROAD, SPENCERS WOOD, READING, RG7 1DX - £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

58 CLARES GREEN ROAD is a very small detached house of 97m², built sometime between 1976 and 1982. It was last sold for £500,000 in January 2023, which was around 32% below the average January 2023 detached price in the Wokingham local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

58 CLARES GREEN ROAD Sold Prices

Land registry data shows four sales for 58 CLARES GREEN ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the four 58 CLARES GREEN ROAD 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 24 JAN	£500,000	£737,857	32% below HPI
2020 21 FEB	£320,000	£610,657	48% below HPI
2006 22 DEC	£239,950	£386,607	38% below HPI
2005 13 MAY	£211,000	£346,592	39% below HPI

58 CLARES GREEN ROAD 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 four 58 CLARES GREEN ROAD sales between May 2005 and January 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 February 2020 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the January 2023 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 58 CLARES GREEN ROAD?

58 CLARES GREEN ROAD is 97m² according to the EPC inspection conducted in August 2022. 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 58 CLARES GREEN ROAD lies on this distribution: 14% of detached houses are smaller than 58 CLARES GREEN ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Spencers Wood.

58 CLARES GREEN ROAD: Plot and Title Map

58 CLARES GREEN ROAD sits on a plot of roughly 0.081 of an acre, or 330m². The below map shows the location of 58 CLARES GREEN ROAD, 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 58 CLARES GREEN ROAD). 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 58 CLARES GREEN ROAD?

58 CLARES GREEN ROAD is located in SPENCERS WOOD, in the RG7 postcode district. The below map shows the position of No. 58 on CLARES GREEN ROAD.