OAK VILLA, BASINGSTOKE ROAD, SPENCERS WOOD, READING, RG7 1AP - £425,000

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

OAK VILLA is a very small extended semi-detached house of 97m², built sometime between 1900 and 1929, which could now be worth an estimated £532,177. It was last sold for £425,000 in April 2019, which was around 7% above the average April 2019 semi-detached price in the Wokingham local authority area. The most recent EPC inspection was May 2012, where the current energy rating was E, and the potential energy rating was B.

OAK VILLA Sold Prices

Land registry data shows seven sales for OAK VILLA since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average semi-detached price in the Wokingham local authority area for the corresponding sale date. All of the seven OAK VILLA sales were for above 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
2019 29 APR	£425,000	£397,401	7% above HPI
2013 20 NOV	£354,950	£293,975	21% above HPI
2012 8 AUG	£339,000	£272,293	24% above HPI
2003 17 OCT	£267,000	£213,311	25% above HPI
2002 2 AUG	£244,950	£197,263	24% above HPI
2001 2 OCT	£219,000	£177,582	23% above HPI
1995 12 MAY	£96,500	£81,655	18% above HPI

OAK VILLA 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 seven OAK VILLA sales between May 1995 and April 2019 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 November 2013 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the April 2019 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might OAK VILLA be worth now?

OAK VILLA might now be worth an estimated £532,177.

This is based on house price inflation of 25.2%, between April 2019 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 25.2% inflationary increase is applied to the most recent sale price for OAK VILLA of £425,000 on 29th April 2019. For the value to have increased from £425,000 to £532,177 over the four years and four months to December 2024, the following assumptions must hold true:

• The value of OAK VILLA has moved in line with the HPI for semi-detached houses in the Wokingham local authority area.
• The April 2019 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of OAK VILLA has not materially changed since April 2019.

How Large is OAK VILLA?

OAK VILLA is 97m², which includes one extension, according to the EPC inspection conducted in May 2012. 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 OAK VILLA lies on this distribution: 14% of semi-detached houses houses are smaller than OAK VILLA, and 86% of houses are larger. Note that EPC data is not available for all properties in Spencers Wood.

OAK VILLA: Plot and Title Map

OAK VILLA sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of OAK VILLA, 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 OAK VILLA). 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 OAK VILLA?

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