8, SAXON CLOSE, SPENCERS WOOD, READING, RG7 1WW - £710,000

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

8 SAXON CLOSE is a large detached house of 158m². It was last sold for £710,000 in February 2021, which was around 13% above the average February 2021 detached price in the Wokingham local authority area. The most recent EPC inspection was May 2016, where the current energy rating was B, and the potential energy rating was A.

8 SAXON CLOSE Sold Prices

Land registry data shows two sales for 8 SAXON CLOSE 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 8 SAXON CLOSE sales were for above 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 5 FEB	£710,000	£627,840	13% above HPI
2017 27 JAN	£650,000	£624,547	4% above HPI

8 SAXON CLOSE 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 8 SAXON CLOSE sales from January 2017 and February 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 January 2017 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the February 2021 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 8 SAXON CLOSE?

8 SAXON CLOSE is 158m² according to the EPC inspection conducted in May 2016. This puts it in the largest 40% 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 8 SAXON CLOSE lies on this distribution: 68% of detached houses are smaller than 8 SAXON CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Spencers Wood.

8 SAXON CLOSE: Plot and Title Map

8 SAXON CLOSE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 8 SAXON 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 SAXON 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 SAXON CLOSE?

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