SPRING OAKS, REYNARDS CLOSE, WINNERSH, WOKINGHAM, RG41 5NT - £635,000

SPRING OAKS is a small extended detached house of 112m², built sometime between 1983 and 1990. It was last sold for £635,000 in March 2023, which was around 20% below the average March 2023 detached price in the Wokingham local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was C.

SPRING OAKS Sold Prices

Land registry data shows three sales for SPRING OAKS 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 SPRING OAKS 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
2023 9 MAR	£635,000	£791,281	20% below HPI
2013 14 JUN	£395,000	£431,369	8% below HPI
2005 29 JUL	£278,000	£353,871	21% below HPI

SPRING OAKS 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 SPRING OAKS sales between July 2005 and March 2023 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 June 2013 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the March 2023 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is SPRING OAKS?

SPRING OAKS is 112m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the smallest 30% of detached houses in Winnersh, based on EPC data. The below chart shows the distribution of detached houses by size in Winnersh, and where SPRING OAKS lies on this distribution: 28% of detached houses are smaller than SPRING OAKS, and 70% of houses are larger. Note that EPC data is not available for all properties in Winnersh.

SPRING OAKS: Plot and Title Map

SPRING OAKS sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of SPRING OAKS, 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 SPRING OAKS). 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 SPRING OAKS?

SPRING OAKS is located on REYNARDS CLOSE in WINNERSH, in the RG41 postcode district. The below map shows the position of SPRING OAKS on REYNARDS CLOSE.