SPRINGFIELDS, BASINGSTOKE ROAD, SPENCERS WOOD, READING, RG7 1PH - £570,000

SPRINGFIELDS is a very large detached house of 198m², built sometime between 1983 and 1990. It was last sold for £570,000 in July 2013, which was around 32% above the average July 2013 detached price in the Wokingham local authority area. The most recent EPC inspection was May 2012, where the current energy rating was F, and the potential energy rating was C.

SPRINGFIELDS Sold Prices

Land registry data shows two sales for SPRINGFIELDS 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 SPRINGFIELDS 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
2013 2 JUL	£570,000	£432,398	32% above HPI
2001 27 NOV	£425,000	£291,746	46% above HPI

SPRINGFIELDS 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 SPRINGFIELDS sales from November 2001 and July 2013 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 November 2001 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the July 2013 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is SPRINGFIELDS?

SPRINGFIELDS is 198m² according to the EPC inspection conducted in May 2012. This puts it in the largest 10% 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 SPRINGFIELDS lies on this distribution: 92% of detached houses are smaller than SPRINGFIELDS, and 8% of houses are larger. Note that EPC data is not available for all properties in Spencers Wood.

SPRINGFIELDS: Plot and Title Map

SPRINGFIELDS sits on a plot of roughly 0.881 of an acre, or 3,564m². The below map shows the location of SPRINGFIELDS, 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 SPRINGFIELDS). 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 SPRINGFIELDS?

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