LITTLE ORCHARD, CROFT ROAD, SPENCERS WOOD, READING, RG7 1DR - £587,000

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

LITTLE ORCHARD is a very large extended detached house of 218m², built sometime between 1950 and 1966. It was last sold for £587,000 in June 2014, which was around 22% above the average June 2014 detached price in the Wokingham local authority area. The most recent EPC inspection was April 2024, where the current energy rating was B, and the potential energy rating was A.

LITTLE ORCHARD Sold Prices

Land registry data shows three sales for LITTLE ORCHARD 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. Two of the three LITTLE ORCHARD sales were for above the average price, whilst one was 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
2014 6 JUN	£587,000	£482,213	22% above HPI
2011 3 OCT	£540,000	£411,726	31% above HPI
2003 12 DEC	£245,500	£333,669	26% below HPI

LITTLE ORCHARD 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 LITTLE ORCHARD sales between December 2003 and June 2014 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 October 2011 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the June 2014 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is LITTLE ORCHARD?

LITTLE ORCHARD is 218m², which includes four extensions, according to the EPC inspection conducted in April 2024. This puts it in the largest 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 LITTLE ORCHARD lies on this distribution: 96% of detached houses are smaller than LITTLE ORCHARD, and 4% of houses are larger. Note that EPC data is not available for all properties in Spencers Wood.

LITTLE ORCHARD: Plot and Title Map

LITTLE ORCHARD sits on a plot of roughly 0.166 of an acre, or 670m². The below map shows the location of LITTLE ORCHARD, 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 LITTLE ORCHARD). 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 LITTLE ORCHARD?

LITTLE ORCHARD is located on CROFT ROAD in SPENCERS WOOD, in the RG7 postcode district. The below map shows the position of LITTLE ORCHARD on CROFT ROAD.