BLAKES COTTAGE, BASINGSTOKE ROAD, SPENCERS WOOD, READING, RG7 1AF - £435,000

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.

BLAKES COTTAGE is a very small extended semi-detached house of 91m², built sometime before 1900, which could now be worth an estimated £452,125. It was last sold for £435,000 in September 2023, which was around 10% below the average September 2023 semi-detached price in the Wokingham local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

BLAKES COTTAGE Sold Prices

Land registry data shows six sales for BLAKES COTTAGE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average semi-detached price in the Wokingham local authority area for the corresponding sale date. Most of the six BLAKES COTTAGE 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
2023 8 SEP	£435,000	£482,009	10% below HPI
2019 9 AUG	£360,000	£397,873	10% below HPI
2017 13 OCT	£330,000	£409,725	19% below HPI
2013 18 SEP	£240,000	£286,473	16% below HPI
2002 13 SEP	£218,500	£201,288	9% above HPI
1997 28 FEB	£104,000	£91,174	14% above HPI

BLAKES COTTAGE 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 six BLAKES COTTAGE sales between February 1997 and September 2023 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 2019 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the September 2023 sale, which was also at 10% below the HPI.

What might BLAKES COTTAGE be worth now?

BLAKES COTTAGE might now be worth an estimated £452,125.

This is based on house price inflation of 3.9%, between September 2023 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 3.9% inflationary increase is applied to the most recent sale price for BLAKES COTTAGE of £435,000 on 8th September 2023. For the value to have increased from £435,000 to £452,125 over the two years and seven months to February 2025, the following assumptions must hold true:

• The value of BLAKES COTTAGE has moved in line with the HPI for semi-detached houses in the Wokingham local authority area.
• The September 2023 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of BLAKES COTTAGE has not materially changed since September 2023.

How Large is BLAKES COTTAGE?

BLAKES COTTAGE is 91m², which includes two extensions, according to the EPC inspection conducted in March 2016. This puts it in the smallest 20% 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 BLAKES COTTAGE lies on this distribution: 11% of semi-detached houses houses are smaller than BLAKES COTTAGE, and 89% of houses are larger. Note that EPC data is not available for all properties in Spencers Wood.

BLAKES COTTAGE: Plot and Title Map

BLAKES COTTAGE sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of BLAKES COTTAGE, 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 BLAKES COTTAGE). 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 BLAKES COTTAGE?

BLAKES COTTAGE is located on BASINGSTOKE ROAD in SPENCERS WOOD, in the RG7 postcode district. The below map shows the position of BLAKES COTTAGE on BASINGSTOKE ROAD.