11, PARK CLOSE, SONNING COMMON, READING, RG4 9RY - £330,000

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.

11 PARK CLOSE is a very small terraced house of 69m², built sometime between 1967 and 1975, which could now be worth an estimated £352,988. It was last sold for £330,000 in May 2024, which was around 4% below the average May 2024 terraced price in the South Oxfordshire local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

11 PARK CLOSE Sold Prices

Land registry data shows five sales for 11 PARK CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the South Oxfordshire local authority area for the corresponding sale date. The five 11 PARK CLOSE sales were a mix of below the average price, roughly equal to the average price, and 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
2024 1 MAY	£330,000	£345,336	4% below HPI
2014 28 NOV	£292,000	£258,950	13% above HPI
2010 20 AUG	£222,500	£222,612	Close to HPI
2006 27 JUL	£202,000	£196,828	3% above HPI
1997 30 MAY	£82,000	£70,028	17% above HPI

11 PARK CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the South Oxfordshire local authority area over time, sourced from the HPI. The five 11 PARK CLOSE sales between May 1997 and May 2024 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 2014 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the May 2024 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 11 PARK CLOSE be worth now?

11 PARK CLOSE might now be worth an estimated £352,988.

This is based on house price inflation of 7%, between May 2024 and May 2026, for terraced houses, in the South Oxfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7% inflationary increase is applied to the most recent sale price for 11 PARK CLOSE of £330,000 on 1st May 2024. For the value to have increased from £330,000 to £352,988 over the two years to May 2026, the following assumptions must hold true:

• The value of 11 PARK CLOSE has moved in line with the HPI for terraced houses in the South Oxfordshire local authority area.
• The May 2024 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 11 PARK CLOSE has not materially changed since May 2024.

How Large is 11 PARK CLOSE?

11 PARK CLOSE is 69m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 10% of terraced houses houses in Sonning Common, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Sonning Common, and where 11 PARK CLOSE lies on this distribution: 5% of terraced houses houses are smaller than 11 PARK CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Sonning Common.

11 PARK CLOSE: Plot and Title Map

11 PARK CLOSE sits on a plot of roughly 0.038 of an acre, or 152m². The below map shows the location of 11 PARK CLOSE, 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 11 PARK CLOSE). 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 11 PARK CLOSE?

11 PARK CLOSE is located in SONNING COMMON, in the RG4 postcode district. The below map shows the position of No. 11 on PARK CLOSE.