45, READES LANE, SONNING COMMON, READING, RG4 9LL - £1,010,000

45 READES LANE is a very large extended detached house of 199m², built sometime between 1930 and 1949. It was last sold for £1,010,000 in August 2021, which was around 31% above the average August 2021 detached price in the South Oxfordshire local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

45 READES LANE Sold Prices

Land registry data shows four sales for 45 READES LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Oxfordshire local authority area for the corresponding sale date. Most of the four 45 READES LANE 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
2021 26 AUG	£1,010,000	£768,805	31% above HPI
2013 10 MAY	£760,000	£492,475	54% above HPI
2004 29 JUN	£385,000	£372,903	3% above HPI
2000 1 DEC	£270,000	£274,931	2% below HPI

45 READES LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Oxfordshire local authority area over time, sourced from the HPI. The four 45 READES LANE sales between December 2000 and August 2021 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 May 2013 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the August 2021 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is 45 READES LANE?

45 READES LANE is 199m², which includes two extensions, according to the EPC inspection conducted in August 2021. This puts it in the largest 20% of detached houses in Sonning Common, based on EPC data. The below chart shows the distribution of detached houses by size in Sonning Common, and where 45 READES LANE lies on this distribution: 87% of detached houses are smaller than 45 READES LANE, and 13% of houses are larger. Note that EPC data is not available for all properties in Sonning Common.

45 READES LANE: Plot and Title Map

45 READES LANE sits on a plot of roughly 0.226 of an acre, or 915m². The below map shows the location of 45 READES LANE, 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 45 READES LANE). 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 45 READES LANE?

45 READES LANE is located in SONNING COMMON, in the RG4 postcode district. The below map shows the position of No. 45 on READES LANE.