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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

ROSE VILLA is a large extended detached house of 166m², built sometime before 1900, which could now be worth an estimated £689,857. It was last sold for £645,000 in July 2022, which was around 11% 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	£726,248	11% below HPI
2004 12 JUL	£330,000	£355,370	7% below HPI
1997 19 DEC	£142,000	£176,393	19% 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 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the July 2022 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might ROSE VILLA be worth now?

ROSE VILLA might now be worth an estimated £689,857.

This is based on house price inflation of 7%, between July 2022 and February 2025, for 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 7% inflationary increase is applied to the most recent sale price for ROSE VILLA of £645,000 on 29th July 2022. For the value to have increased from £645,000 to £689,857 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of ROSE VILLA has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The July 2022 sale price of £645,000 represented a fair market value for the property.
• The size, condition, and specification of ROSE VILLA has not materially changed since July 2022.

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 houses in Spencers Wood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Spencers Wood, and where ROSE VILLA lies on this distribution: 75% of detached houses 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 0.150 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.