SPRING COTTAGE, RUSSELL ROAD, TOKERS GREEN, READING, RG4 9EJ - £575,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

SPRING COTTAGE is a very small extended detached house of 91m², built sometime between 1950 and 1966. It was last sold for £575,000 in May 2019, which was around 12% below the average May 2019 detached price in the South Oxfordshire local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

SPRING COTTAGE Sold Prices

Land registry data shows three sales for SPRING COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Oxfordshire local authority area for the corresponding sale date. All of the three SPRING COTTAGE 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
2019 2 MAY	£575,000	£650,468	12% below HPI
2016 25 FEB	£518,000	£614,093	16% below HPI
1996 31 OCT	£111,000	£147,575	25% below HPI

SPRING COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Oxfordshire local authority area over time, sourced from the HPI. The three SPRING COTTAGE sales between October 1996 and May 2019 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 February 2016 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the May 2019 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is SPRING COTTAGE?

SPRING COTTAGE is 91m², which includes two extensions, according to the EPC inspection conducted in November 2015. This puts it in the smallest 10% of detached houses in Tokers Green, based on EPC data. The below chart shows the distribution of detached houses by size in Tokers Green, and where SPRING COTTAGE lies on this distribution: 6% of detached houses are smaller than SPRING COTTAGE, and 94% of houses are larger. Note that EPC data is not available for all properties in Tokers Green.

SPRING COTTAGE: Plot and Title Map

SPRING COTTAGE sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of SPRING COTTAGE, 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 SPRING COTTAGE). 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 SPRING COTTAGE?

SPRING COTTAGE is located on RUSSELL ROAD in TOKERS GREEN, in the RG4 postcode district. The below map shows the position of SPRING COTTAGE on RUSSELL ROAD.