7, SEVENOAKS DRIVE, SPENCERS WOOD, READING, RG7 1AZ - £505,000

7 SEVENOAKS DRIVE is a small extended detached house of 124m², built sometime between 2003 and 2006. It was last sold for £505,000 in July 2017, which was around 18% below the average July 2017 detached price in the Wokingham local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.

7 SEVENOAKS DRIVE Sold Prices

Land registry data shows two sales for 7 SEVENOAKS 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. One of the two 7 SEVENOAKS DRIVE sales was for below the average price, whilst the other was 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 14 JUL	£505,000	£614,226	18% below HPI
1997 30 APR	£159,950	£150,132	7% above HPI

7 SEVENOAKS 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 7 SEVENOAKS DRIVE sales from April 1997 and July 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 April 1997 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the July 2017 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 7 SEVENOAKS DRIVE?

7 SEVENOAKS DRIVE is 124m², which includes two extensions, according to the EPC inspection conducted in February 2017. This puts it in the smallest 40% of detached houses in Spencers Wood, based on EPC data. The below chart shows the distribution of detached houses by size in Spencers Wood, and where 7 SEVENOAKS DRIVE lies on this distribution: 39% of detached houses are smaller than 7 SEVENOAKS DRIVE, and 60% of houses are larger. Note that EPC data is not available for all properties in Spencers Wood.

7 SEVENOAKS DRIVE: Plot and Title Map

7 SEVENOAKS DRIVE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 7 SEVENOAKS 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 7 SEVENOAKS 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 7 SEVENOAKS DRIVE?

7 SEVENOAKS DRIVE is located in SPENCERS WOOD, in the RG7 postcode district. The below map shows the position of No. 7 on SEVENOAKS DRIVE.