ROSES BUNGALOW, BASINGSTOKE ROAD, SPENCERS WOOD, READING, RG7 1AA - £245,000

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

ROSES BUNGALOW is a small extended detached house of 119m², built sometime before 1900, which could now be worth an estimated £462,750. It was last sold for £245,000 in December 2009, which was around 40% below the average December 2009 detached price in the Wokingham local authority area. The most recent EPC inspection was August 2009, where the current energy rating was E, and the potential energy rating was E.

ROSES BUNGALOW Sold Prices

Land registry data shows two sales for ROSES BUNGALOW 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 ROSES BUNGALOW 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 18 DEC	£245,000	£407,502	40% below HPI
1999 3 DEC	£167,000	£232,943	28% below HPI

ROSES BUNGALOW 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 ROSES BUNGALOW sales from December 1999 and December 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 December 1999 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2009 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might ROSES BUNGALOW be worth now?

ROSES BUNGALOW might now be worth an estimated £462,750.

This is based on house price inflation of 88.9%, between December 2009 and December 2024, 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 88.9% inflationary increase is applied to the most recent sale price for ROSES BUNGALOW of £245,000 on 18th December 2009. For the value to have increased from £245,000 to £462,750 over the fifteen years to December 2024, the following assumptions must hold true:

• The value of ROSES BUNGALOW has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The December 2009 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of ROSES BUNGALOW has not materially changed since December 2009.

How Large is ROSES BUNGALOW?

ROSES BUNGALOW is 119m², which includes one extension, according to the EPC inspection conducted in August 2009. This puts it in the smallest 40% 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 ROSES BUNGALOW lies on this distribution: 35% of detached houses houses are smaller than ROSES BUNGALOW, and 65% of houses are larger. Note that EPC data is not available for all properties in Spencers Wood.

ROSES BUNGALOW: Plot and Title Map

ROSES BUNGALOW sits on a plot of roughly 0.130 of an acre, or 526m². The below map shows the location of ROSES BUNGALOW, 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 ROSES BUNGALOW). 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 ROSES BUNGALOW?

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