8, SPENCER CLOSE, WOKINGHAM, RG41 3BW - £600,000

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 SPENCER CLOSE is a large extended detached house of 176m², built sometime between 1996 and 2002. It was last sold for £600,000 in December 2021, which was around 13% below the average December 2021 detached price in the Wokingham local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

8 SPENCER CLOSE Sold Prices

Land registry data shows three sales for 8 SPENCER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. One of the three 8 SPENCER CLOSE sales was for below the average price, whilst two 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 8 DEC	£600,000	£685,995	13% below HPI
2008 3 MAR	£475,000	£425,146	12% above HPI
2002 25 SEP	£325,000	£322,221	1% above HPI

8 SPENCER 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 three 8 SPENCER CLOSE sales between September 2002 and December 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 March 2008 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the December 2021 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 8 SPENCER CLOSE?

8 SPENCER CLOSE is 176m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the largest 30% of detached houses in Wokingham, based on EPC data. The below chart shows the distribution of detached houses by size in Wokingham, and where 8 SPENCER CLOSE lies on this distribution: 79% of detached houses are smaller than 8 SPENCER CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

8 SPENCER CLOSE: Plot and Title Map

8 SPENCER CLOSE sits on a plot of roughly 0.120 of an acre, or 487m². The below map shows the location of 8 SPENCER 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 SPENCER 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 SPENCER CLOSE?

8 SPENCER CLOSE is located in WOKINGHAM, in the RG41 postcode district. The below map shows the position of No. 8 on SPENCER CLOSE.