HIGHBANKS, WIDMORE LANE, SONNING COMMON, READING, RG4 9RR - £555,000

HIGHBANKS is a very small extended detached house of 86m², built sometime between 1930 and 1949. It was last sold for £555,000 in March 2014, which was around 10% above the average March 2014 detached price in the South Oxfordshire local authority area. The most recent EPC inspection was August 2011, where the current energy rating was E, and the potential energy rating was D.

HIGHBANKS Sold Prices

Land registry data shows two sales for HIGHBANKS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Oxfordshire local authority area for the corresponding sale date. One of the two HIGHBANKS sales was for above the average price, whilst the other was 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
2014 21 MAR	£555,000	£504,466	10% above HPI
1995 15 MAY	£128,000	£135,212	5% below HPI

HIGHBANKS 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 two HIGHBANKS sales from May 1995 and March 2014 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 1995 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2014 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is HIGHBANKS?

HIGHBANKS is 86m², which includes one extension, according to the EPC inspection conducted in August 2011. This puts it in the smallest 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 HIGHBANKS lies on this distribution: 17% of detached houses are smaller than HIGHBANKS, and 83% of houses are larger. Note that EPC data is not available for all properties in Sonning Common.

HIGHBANKS: Plot and Title Map

HIGHBANKS sits on a plot of roughly 0.220 of an acre, or 892m². The below map shows the location of HIGHBANKS, 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 HIGHBANKS). 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 HIGHBANKS?

HIGHBANKS is located on WIDMORE LANE in SONNING COMMON, in the RG4 postcode district. The below map shows the position of HIGHBANKS on WIDMORE LANE.