SCHOOL HOUSE, BASINGSTOKE ROAD, SPENCERS WOOD, READING, RG7 1AJ - £517,500

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

SCHOOL HOUSE is a midsized extended semi-detached house of 139m², built sometime before 1900, which could now be worth an estimated £528,705. It was last sold for £517,500 in August 2024, which was around 6% above the average August 2024 semi-detached price in the Wokingham local authority area. The most recent EPC inspection was September 2009, where the current energy rating was E, and the potential energy rating was E.

SCHOOL HOUSE Sold Prices

Land registry data shows four sales for SCHOOL HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Wokingham local authority area for the corresponding sale date. All of the four SCHOOL HOUSE 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
2024 23 AUG	£517,500	£487,072	6% above HPI
2016 1 MAR	£475,000	£391,027	21% above HPI
2010 2 AUG	£330,000	£270,117	22% above HPI
2003 24 NOV	£285,000	£213,557	33% above HPI

SCHOOL HOUSE 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 four SCHOOL HOUSE sales between November 2003 and August 2024 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 March 2016 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the August 2024 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might SCHOOL HOUSE be worth now?

SCHOOL HOUSE might now be worth an estimated £528,705.

This is based on house price inflation of 2.2%, between August 2024 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 2.2% inflationary increase is applied to the most recent sale price for SCHOOL HOUSE of £517,500 on 23rd August 2024. For the value to have increased from £517,500 to £528,705 over the eight months to December 2024, the following assumptions must hold true:

• The value of SCHOOL HOUSE has moved in line with the HPI for semi-detached houses in the Wokingham local authority area.
• The August 2024 sale price of £517,500 represented a fair market value for the property.
• The size, condition, and specification of SCHOOL HOUSE has not materially changed since August 2024.

How Large is SCHOOL HOUSE?

SCHOOL HOUSE is 139m², which includes one extension, according to the EPC inspection conducted in September 2009. This puts it in the largest 50% 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 SCHOOL HOUSE lies on this distribution: 53% of semi-detached houses houses are smaller than SCHOOL HOUSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Spencers Wood.

SCHOOL HOUSE: Plot and Title Map

SCHOOL HOUSE sits on a plot of roughly 0.122 of an acre, or 495m². The below map shows the location of SCHOOL HOUSE, 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 SCHOOL HOUSE). 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 SCHOOL HOUSE?

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