2, ROWAN CLOSE, SONNING COMMON, READING, RG4 9LD - £500,000

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.

2 ROWAN CLOSE is a midsized extended detached house of 142m², built sometime between 1967 and 1975, which could now be worth an estimated £605,850. It was last sold for £500,000 in May 2019, which was around 21% below the average May 2019 detached price in the South Oxfordshire local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

2 ROWAN CLOSE Sold Prices

Land registry data shows one sale for 2 ROWAN CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the South Oxfordshire local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 2 MAY	£500,000	£636,285	21% below HPI

What might 2 ROWAN CLOSE be worth now?

2 ROWAN CLOSE might now be worth an estimated £605,850.

This is based on house price inflation of 21.2%, between May 2019 and May 2026, for detached 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 21.2% inflationary increase is applied to the most recent sale price for 2 ROWAN CLOSE of £500,000 on 2nd May 2019. For the value to have increased from £500,000 to £605,850 over the seven years to May 2026, the following assumptions must hold true:

• The value of 2 ROWAN CLOSE has moved in line with the HPI for detached houses in the South Oxfordshire local authority area.
• The May 2019 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ROWAN CLOSE has not materially changed since May 2019.

How Large is 2 ROWAN CLOSE?

2 ROWAN CLOSE is 142m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the largest 50% 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 2 ROWAN CLOSE lies on this distribution: 57% of detached houses are smaller than 2 ROWAN CLOSE, and 42% of detached houses are larger. Note that EPC data is not available for all properties in Sonning Common.

2 ROWAN CLOSE: Plot

2 ROWAN CLOSE sits on a plot of roughly 0.150 of an acre, or 606m².

Where is 2 ROWAN CLOSE?

2 ROWAN CLOSE is located in SONNING COMMON, in the RG4 postcode district.