OAKVIEW, BASINGSTOKE ROAD, SPENCERS WOOD, READING, RG7 1AP - £290,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

OAKVIEW is a very small semi-detached house of 89m², built sometime before 1900. It was last sold for £290,000 in October 2009, which was around 25% below the average October 2009 detached price in the Wokingham local authority area. The most recent EPC inspection was June 2009, where the current energy rating was F, and the potential energy rating was E.

OAKVIEW Sold Prices

Land registry data shows two sales for OAKVIEW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. Both of the two OAKVIEW 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
2009 9 OCT	£290,000	£389,256	25% below HPI
2006 25 OCT	£289,950	£385,728	25% below HPI

OAKVIEW 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 two OAKVIEW sales from October 2006 and October 2009 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 2006 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2009 sale, which was also at 25% below the HPI.

How Large is OAKVIEW?

OAKVIEW is 89m² according to the EPC inspection conducted in June 2009. 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 OAKVIEW lies on this distribution: 10% of detached houses are smaller than OAKVIEW, and 90% of houses are larger. Note that EPC data is not available for all properties in Spencers Wood.

OAKVIEW: Plot and Title Map

OAKVIEW sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of OAKVIEW, 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 OAKVIEW). 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 OAKVIEW?

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