PALMERSTON, BASINGSTOKE ROAD, SPENCERS WOOD, READING, RG7 1PH - £390,000

PALMERSTON is a very small extended semi-detached house of 106m², built sometime before 1900. It was last sold for £390,000 in December 2019, which was around 38% below the average December 2019 detached price in the Wokingham local authority area. The most recent EPC inspection was April 2010, where the current energy rating was E, and the potential energy rating was D.

PALMERSTON Sold Prices

Land registry data shows three sales for PALMERSTON since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the three PALMERSTON 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
2019 5 DEC	£390,000	£624,518	38% below HPI
2012 4 OCT	£285,000	£425,269	33% below HPI
2002 25 JUL	£218,000	£307,812	29% below HPI

PALMERSTON 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 three PALMERSTON sales between July 2002 and December 2019 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 October 2012 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the December 2019 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is PALMERSTON?

PALMERSTON is 106m², which includes one extension, according to the EPC inspection conducted in April 2010. This puts it in the smallest 20% 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 PALMERSTON lies on this distribution: 18% of detached houses are smaller than PALMERSTON, and 82% of houses are larger. Note that EPC data is not available for all properties in Spencers Wood.

PALMERSTON: Plot and Title Map

PALMERSTON sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of PALMERSTON, 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 PALMERSTON). 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 PALMERSTON?

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