WOODLARK HOUSE, BASINGSTOKE ROAD, SPENCERS WOOD, READING, RG7 1PH - £750,000

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.

WOODLARK HOUSE is a very large extended detached house of 181m², which could now be worth an estimated £816,070. It was last sold for £750,000 in May 2022, which was around 5% above the average May 2022 detached price in the Wokingham local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

WOODLARK HOUSE Sold Prices

Land registry data shows two sales for WOODLARK HOUSE 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 WOODLARK 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
2022 12 MAY	£750,000	£713,869	5% above HPI
2015 15 JUL	£602,500	£565,858	6% above HPI

WOODLARK HOUSE 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 WOODLARK HOUSE sales from July 2015 and May 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 2015 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the May 2022 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might WOODLARK HOUSE be worth now?

WOODLARK HOUSE might now be worth an estimated £816,070.

This is based on house price inflation of 8.8%, between May 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 8.8% inflationary increase is applied to the most recent sale price for WOODLARK HOUSE of £750,000 on 12th May 2022. For the value to have increased from £750,000 to £816,070 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of WOODLARK HOUSE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The May 2022 sale price of £750,000 represented a fair market value for the property.
• The size, condition, and specification of WOODLARK HOUSE has not materially changed since May 2022.

How Large is WOODLARK HOUSE?

WOODLARK HOUSE is 181m², which includes two extensions, according to the EPC inspection conducted in January 2020. 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 WOODLARK HOUSE lies on this distribution: 85% of detached houses houses are smaller than WOODLARK HOUSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Spencers Wood.

WOODLARK HOUSE: Plot and Title Map

WOODLARK HOUSE sits on a plot of roughly 0.123 of an acre, or 499m². The below map shows the location of WOODLARK 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 WOODLARK 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 WOODLARK HOUSE?

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