9, PITHER CLOSE, SPENCERS WOOD, READING, RG7 1EQ - £380,000

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

9 PITHER CLOSE is a very small detached house of 87m². It was last sold for £380,000 in September 2019, which was around 38% below the average September 2019 detached price in the Wokingham local authority area. The most recent EPC inspection was November 2015, where the current energy rating was B, and the potential energy rating was A.

9 PITHER CLOSE Sold Prices

Land registry data shows two sales for 9 PITHER 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 9 PITHER CLOSE 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
2019 2 SEP	£380,000	£611,801	38% below HPI
2015 11 DEC	£405,000	£588,018	31% below HPI

9 PITHER 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 9 PITHER CLOSE sales from December 2015 and September 2019 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 December 2015 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the September 2019 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 9 PITHER CLOSE?

9 PITHER CLOSE is 87m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 10% 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 9 PITHER CLOSE lies on this distribution: 4% of detached houses are smaller than 9 PITHER CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Spencers Wood.

9 PITHER CLOSE: Plot and Title Map

9 PITHER CLOSE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 9 PITHER 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 9 PITHER 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 9 PITHER CLOSE?

9 PITHER CLOSE is located in SPENCERS WOOD, in the RG7 postcode district. The below map shows the position of No. 9 on PITHER CLOSE.