47, READES LANE, SONNING COMMON, READING, RG4 9LL - £830,000

47 READES LANE is a very large extended detached house of 212m², built sometime between 1930 and 1949. It was last sold for £830,000 in August 2015, which was around 40% above the average August 2015 detached price in the South Oxfordshire local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was C.

47 READES LANE Sold Prices

Land registry data shows four sales for 47 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. two of the four 47 READES LANE sales were for above the average price, and four 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
2015 6 AUG	£830,000	£594,602	40% above HPI
2005 29 SEP	£435,000	£399,455	9% above HPI
1998 1 MAY	£178,000	£180,952	2% below HPI
1998 23 JAN	£154,000	£176,270	13% below HPI

47 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 47 READES LANE sales between January 1998 and August 2015 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 September 2005 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the August 2015 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is 47 READES LANE?

47 READES LANE is 212m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the largest 10% 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 47 READES LANE lies on this distribution: 93% of detached houses are smaller than 47 READES LANE, and 7% of houses are larger. Note that EPC data is not available for all properties in Sonning Common.

47 READES LANE: Plot and Title Map

47 READES LANE sits on a plot of roughly 0.241 of an acre, or 974m². The below map shows the location of 47 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 47 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 47 READES LANE?

47 READES LANE is located in SONNING COMMON, in the RG4 postcode district. The below map shows the position of No. 47 on READES LANE.