7, LANGFORD AVENUE, SPENCERS WOOD, READING, RG7 1ZE - £520,000

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

7 LANGFORD AVENUE is a small detached house of 110m². It was last sold for £520,000 in November 2021, which was around 23% below the average November 2021 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 A.

7 LANGFORD AVENUE Sold Prices

Land registry data shows two sales for 7 LANGFORD AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. Both of the two 7 LANGFORD AVENUE 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
2021 26 NOV	£520,000	£675,471	23% below HPI
2018 25 JUN	£505,000	£617,300	18% below HPI

7 LANGFORD AVENUE 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 two 7 LANGFORD AVENUE sales from June 2018 and November 2021 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 2018 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2021 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 7 LANGFORD AVENUE?

7 LANGFORD AVENUE is 110m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 30% 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 7 LANGFORD AVENUE lies on this distribution: 22% of detached houses are smaller than 7 LANGFORD AVENUE, and 75% of houses are larger. Note that EPC data is not available for all properties in Spencers Wood.

7 LANGFORD AVENUE: Plot and Title Map

7 LANGFORD AVENUE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 7 LANGFORD AVENUE, 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 7 LANGFORD AVENUE). 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 7 LANGFORD AVENUE?

7 LANGFORD AVENUE is located in SPENCERS WOOD, in the RG7 postcode district. The below map shows the position of No. 7 on LANGFORD AVENUE.