11, ORCHARD CLOSE, SPENCERS WOOD, READING, RG7 1EJ - £380,000

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.

11 ORCHARD CLOSE is a very small terraced house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £472,909. It was last sold for £380,000 in May 2017, which was around 26% above the average May 2017 terraced price in the Wokingham local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was B.

11 ORCHARD CLOSE Sold Prices

Land registry data shows two sales for 11 ORCHARD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Wokingham local authority area for the corresponding sale date. Both of the two 11 ORCHARD CLOSE 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
2017 12 MAY	£380,000	£301,758	26% above HPI
2011 20 MAY	£240,000	£205,353	17% above HPI

11 ORCHARD CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Wokingham local authority area over time, sourced from the HPI. The two 11 ORCHARD CLOSE sales from May 2011 and May 2017 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 May 2011 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the May 2017 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 11 ORCHARD CLOSE be worth now?

11 ORCHARD CLOSE might now be worth an estimated £472,909.

This is based on house price inflation of 24.4%, between May 2017 and June 2025, for terraced 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 24.4% inflationary increase is applied to the most recent sale price for 11 ORCHARD CLOSE of £380,000 on 12th May 2017. For the value to have increased from £380,000 to £472,909 over the seven years and eleven months to June 2025, the following assumptions must hold true:

• The value of 11 ORCHARD CLOSE has moved in line with the HPI for terraced houses in the Wokingham local authority area.
• The May 2017 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 11 ORCHARD CLOSE has not materially changed since May 2017.

How Large is 11 ORCHARD CLOSE?

11 ORCHARD CLOSE is 78m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 10% of terraced houses houses in Spencers Wood, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Spencers Wood, and where 11 ORCHARD CLOSE lies on this distribution: 2% of terraced houses houses are smaller than 11 ORCHARD CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Spencers Wood.

11 ORCHARD CLOSE: Plot and Title Map

11 ORCHARD CLOSE sits on a plot of roughly 0.139 of an acre, or 561m². The below map shows the location of 11 ORCHARD CLOSE, 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 11 ORCHARD CLOSE). 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 11 ORCHARD CLOSE?

11 ORCHARD CLOSE is located in SPENCERS WOOD, in the RG7 postcode district. The below map shows the position of No. 11 on ORCHARD CLOSE.