THE SADDLERS, BASINGSTOKE ROAD, SPENCERS WOOD, READING, RG7 1AL - £325,000

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.

THE SADDLERS is a very large detached house of 181m², built sometime between 2003 and 2006, which could now be worth an estimated £507,738. It was last sold for £325,000 in June 2014, which was around 35% below the average June 2014 detached price in the Wokingham local authority area. The most recent EPC inspection was November 2008, where the current energy rating was C, and the potential energy rating was C.

THE SADDLERS Sold Prices

Land registry data shows two sales for THE SADDLERS 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 THE SADDLERS 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
2014 27 JUN	£325,000	£497,197	35% below HPI
2000 13 SEP	£162,500	£271,067	40% below HPI

THE SADDLERS 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 THE SADDLERS sales from September 2000 and June 2014 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 September 2000 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the June 2014 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might THE SADDLERS be worth now?

THE SADDLERS might now be worth an estimated £507,738.

This is based on house price inflation of 56.2%, between June 2014 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 56.2% inflationary increase is applied to the most recent sale price for THE SADDLERS of £325,000 on 27th June 2014. For the value to have increased from £325,000 to £507,738 over the eleven years and four months to February 2025, the following assumptions must hold true:

• The value of THE SADDLERS has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The June 2014 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of THE SADDLERS has not materially changed since June 2014.

How Large is THE SADDLERS?

THE SADDLERS is 181m² according to the EPC inspection conducted in November 2008. This puts it in the largest 20% 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 THE SADDLERS lies on this distribution: 85% of detached houses houses are smaller than THE SADDLERS, and 15% of houses are larger. Note that EPC data is not available for all properties in Spencers Wood.

THE SADDLERS: Plot and Title Map

THE SADDLERS sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of THE SADDLERS, 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 THE SADDLERS). 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 THE SADDLERS?

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