HIGHFIELD COTTAGE, BASINGSTOKE ROAD, SPENCERS WOOD, READING, RG7 1AJ - £465,000

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

HIGHFIELD COTTAGE is a very small extended detached house of 83m², built sometime before 1900. It was last sold for £465,000 in December 2017, which was around 25% below the average December 2017 detached price in the Wokingham local authority area. The most recent EPC inspection was February 2015, where the current energy rating was E, and the potential energy rating was B.

HIGHFIELD COTTAGE Sold Prices

Land registry data shows four sales for HIGHFIELD COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the four HIGHFIELD 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
2017 8 DEC	£465,000	£620,790	25% below HPI
2015 24 JUL	£395,000	£548,805	28% below HPI
2006 27 JAN	£280,000	£355,575	21% below HPI
2002 28 JUN	£200,000	£299,502	33% below HPI

HIGHFIELD COTTAGE 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 four HIGHFIELD COTTAGE sales between June 2002 and December 2017 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 July 2015 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2017 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is HIGHFIELD COTTAGE?

HIGHFIELD COTTAGE is 83m², which includes two extensions, according to the EPC inspection conducted in February 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 HIGHFIELD COTTAGE lies on this distribution: 3% of detached houses are smaller than HIGHFIELD COTTAGE, and 97% of houses are larger. Note that EPC data is not available for all properties in Spencers Wood.

HIGHFIELD COTTAGE: Plot and Title Map

HIGHFIELD COTTAGE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of HIGHFIELD 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 HIGHFIELD 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 HIGHFIELD COTTAGE?

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