8, SALMON CLOSE, SPENCERS WOOD, READING, RG7 1EG - £475,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 SALMON CLOSE is a very small semi-detached house of 86m², built sometime between 1976 and 1982, which could now be worth an estimated £516,314. It was last sold for £475,000 in July 2022, which was around 3% above the average July 2022 semi-detached price in the Wokingham local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

8 SALMON CLOSE Sold Prices

Land registry data shows three sales for 8 SALMON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Wokingham local authority area for the corresponding sale date. The three 8 SALMON CLOSE sales were a mix of above the average price, and roughly equal to 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
2022 22 JUL	£475,000	£460,898	3% above HPI
2003 11 AUG	£250,000	£212,491	18% above HPI
2001 12 JAN	£162,000	£161,234	Close to HPI

8 SALMON CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wokingham local authority area over time, sourced from the HPI. The three 8 SALMON CLOSE sales between January 2001 and July 2022 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 2003 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the July 2022 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 8 SALMON CLOSE be worth now?

8 SALMON CLOSE might now be worth an estimated £516,314.

This is based on house price inflation of 8.7%, between July 2022 and February 2025, for semi-detached houses, in the Wokingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.7% inflationary increase is applied to the most recent sale price for 8 SALMON CLOSE of £475,000 on 22nd July 2022. For the value to have increased from £475,000 to £516,314 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 8 SALMON CLOSE has moved in line with the HPI for semi-detached houses in the Wokingham local authority area.
• The July 2022 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SALMON CLOSE has not materially changed since July 2022.

How Large is 8 SALMON CLOSE?

8 SALMON CLOSE is 86m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% of semi-detached houses houses in Spencers Wood, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Spencers Wood, and where 8 SALMON CLOSE lies on this distribution: 4% of semi-detached houses houses are smaller than 8 SALMON CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Spencers Wood.

8 SALMON CLOSE: Plot and Title Map

8 SALMON CLOSE sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 8 SALMON CLOSE, 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 8 SALMON CLOSE). 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 8 SALMON CLOSE?

8 SALMON CLOSE is located in SPENCERS WOOD, in the RG7 postcode district. The below map shows the position of No. 8 on SALMON CLOSE.