42, COBHAM DRIVE, SPENCERS WOOD, READING, RG7 1DJ - £455,000

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.

42 COBHAM DRIVE is a very small detached house of 88m², which could now be worth an estimated £480,094. It was last sold for £455,000 in August 2022, which was around 38% below the average August 2022 detached price in the Wokingham local authority area. The most recent EPC inspection was November 2019, where the current energy rating was B, and the potential energy rating was A.

42 COBHAM DRIVE Sold Prices

Land registry data shows two sales for 42 COBHAM DRIVE 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 42 COBHAM DRIVE 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
2022 30 AUG	£455,000	£736,364	38% below HPI
2020 16 MAR	£400,000	£634,342	37% below HPI

42 COBHAM DRIVE 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 42 COBHAM DRIVE sales from March 2020 and August 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 March 2020 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the August 2022 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 42 COBHAM DRIVE be worth now?

42 COBHAM DRIVE might now be worth an estimated £480,094.

This is based on house price inflation of 5.5%, between August 2022 and June 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 5.5% inflationary increase is applied to the most recent sale price for 42 COBHAM DRIVE of £455,000 on 30th August 2022. For the value to have increased from £455,000 to £480,094 over the three years and two months to June 2025, the following assumptions must hold true:

• The value of 42 COBHAM DRIVE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The August 2022 sale price of £455,000 represented a fair market value for the property.
• The size, condition, and specification of 42 COBHAM DRIVE has not materially changed since August 2022.

How Large is 42 COBHAM DRIVE?

42 COBHAM DRIVE is 88m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 10% 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 42 COBHAM DRIVE lies on this distribution: 9% of detached houses houses are smaller than 42 COBHAM DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Spencers Wood.

42 COBHAM DRIVE: Plot and Title Map

42 COBHAM DRIVE sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 42 COBHAM DRIVE, 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 42 COBHAM DRIVE). 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 42 COBHAM DRIVE?

42 COBHAM DRIVE is located in SPENCERS WOOD, in the RG7 postcode district. The below map shows the position of No. 42 on COBHAM DRIVE.