ROSE VILLA, BASINGSTOKE ROAD, SPENCERS WOOD, READING, RG7 1PH - £645,000

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

ROSE VILLA is a large extended detached house of 166m², built sometime before 1900. It was last sold for £645,000 in July 2022, which was around 8% below the average July 2022 detached price in the Wokingham local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was C.

ROSE VILLA Sold Prices

Land registry data shows three sales for ROSE VILLA 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. All of the three ROSE VILLA 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
2022 29 JUL	£645,000	£704,361	8% below HPI
2004 12 JUL	£330,000	£344,660	4% below HPI
1997 19 DEC	£142,000	£171,077	17% below HPI

ROSE VILLA 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 ROSE VILLA sales between December 1997 and July 2022 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 2004 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the July 2022 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is ROSE VILLA?

ROSE VILLA is 166m², which includes two extensions, according to the EPC inspection conducted in October 2017. This puts it in the largest 30% 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 ROSE VILLA lies on this distribution: 76% of detached houses are smaller than ROSE VILLA, and 24% of houses are larger. Note that EPC data is not available for all properties in Spencers Wood.

ROSE VILLA: Plot and Title Map

ROSE VILLA sits on a plot of roughly 0.151 of an acre, or 609m². The below map shows the location of ROSE 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 ROSE 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 ROSE VILLA?

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