9, SPODE CLOSE, TILEHURST, READING, RG30 6DW - £440,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

9 SPODE CLOSE is a very small extended detached house of 90m², built sometime between 1983 and 1990, which could now be worth an estimated £434,706. It was last sold for £440,000 in June 2022, which was around 37% below the average June 2022 detached price in the Reading local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

9 SPODE CLOSE Sold Prices

Land registry data shows three sales for 9 SPODE 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 Reading local authority area for the corresponding sale date. All of the three 9 SPODE 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
2022 24 JUN	£440,000	£701,096	37% below HPI
2014 18 DEC	£295,000	£501,435	41% below HPI
2013 26 APR	£239,950	£419,421	43% below HPI

9 SPODE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Reading local authority area over time, sourced from the HPI. The three 9 SPODE CLOSE sales between April 2013 and June 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 December 2014 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the June 2022 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 9 SPODE CLOSE be worth now?

9 SPODE CLOSE might now be worth an estimated £434,706.

This is based on house price deflation of 1.2%, between June 2022 and February 2025, for detached houses, in the Reading local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.2% deflationary decrease is applied to the most recent sale price for 9 SPODE CLOSE of £440,000 on 24th June 2022. For the value to have decreased from £440,000 to £434,706 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 9 SPODE CLOSE has moved in line with the HPI for detached houses in the Reading local authority area.
• The June 2022 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 9 SPODE CLOSE has not materially changed since June 2022.

How Large is 9 SPODE CLOSE?

9 SPODE CLOSE is 90m², which includes three extensions, according to the EPC inspection conducted in February 2022. This puts it in the smallest 20% of detached houses houses in Reading, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reading, and where 9 SPODE CLOSE lies on this distribution: 19% of detached houses houses are smaller than 9 SPODE CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Reading.

9 SPODE CLOSE: Plot and Title Map

9 SPODE CLOSE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 9 SPODE 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 SPODE 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 SPODE CLOSE?

9 SPODE CLOSE is located in TILEHURST, in the RG30 postcode district. The below map shows the position of No. 9 on SPODE CLOSE.