MARENGO, BASINGSTOKE ROAD, SPENCERS WOOD, READING, RG7 1PH - £405,000

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

MARENGO is a very small extended semi-detached house of 89m², built sometime between 1900 and 1929, which could now be worth an estimated £486,313. It was last sold for £405,000 in December 2020, which was around 2% below the average December 2020 semi-detached price in the Wokingham local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

MARENGO Sold Prices

Land registry data shows two sales for MARENGO since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Wokingham local authority area for the corresponding sale date. Both of the two MARENGO 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
2020 1 DEC	£405,000	£414,415	2% below HPI
2013 31 MAY	£273,000	£284,317	4% below HPI

MARENGO 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 two MARENGO sales from May 2013 and December 2020 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 May 2013 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the December 2020 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might MARENGO be worth now?

MARENGO might now be worth an estimated £486,313.

This is based on house price inflation of 20.1%, between December 2020 and December 2024, 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 20.1% inflationary increase is applied to the most recent sale price for MARENGO of £405,000 on 1st December 2020. For the value to have increased from £405,000 to £486,313 over the four years to December 2024, the following assumptions must hold true:

• The value of MARENGO has moved in line with the HPI for semi-detached houses in the Wokingham local authority area.
• The December 2020 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of MARENGO has not materially changed since December 2020.

How Large is MARENGO?

MARENGO is 89m², which includes two extensions, according to the EPC inspection conducted in June 2020. This puts it in the smallest 10% 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 MARENGO lies on this distribution: 10% of semi-detached houses houses are smaller than MARENGO, and 89% of houses are larger. Note that EPC data is not available for all properties in Spencers Wood.

MARENGO: Plot and Title Map

MARENGO sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of MARENGO, 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 MARENGO). 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 MARENGO?

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