1, MONARCH DRIVE, SHINFIELD, READING, RG2 9EW - £740,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 MONARCH DRIVE is a very large detached house of 230m², built sometime from 2007 onwards. It was last sold for £740,000 in August 2015, which was around 32% above the average August 2015 detached price in the Wokingham local authority area. The most recent EPC inspection was December 2011, where the current energy rating was B, and the potential energy rating was B.

1 MONARCH DRIVE Sold Prices

Land registry data shows two sales for 1 MONARCH DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. One of the two 1 MONARCH DRIVE 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
2015 7 AUG	£740,000	£562,405	32% above HPI
2007 31 AUG	£190,000	£421,275	55% below HPI

1 MONARCH DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wokingham local authority area over time, sourced from the HPI. The two 1 MONARCH DRIVE sales from August 2007 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 August 2007 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the August 2015 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is 1 MONARCH DRIVE?

1 MONARCH DRIVE is 230m² according to the EPC inspection conducted in December 2011. This puts it in the largest 10% of detached houses in Shinfield, based on EPC data. The below chart shows the distribution of detached houses by size in Shinfield, and where 1 MONARCH DRIVE lies on this distribution: 95% of detached houses are smaller than 1 MONARCH DRIVE, and 5% of houses are larger. Note that EPC data is not available for all properties in Shinfield.

1 MONARCH DRIVE: Plot and Title Map

1 MONARCH DRIVE sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of 1 MONARCH DRIVE, 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 1 MONARCH DRIVE). 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 1 MONARCH DRIVE?

1 MONARCH DRIVE is located in SHINFIELD, in the RG2 postcode district. The below map shows the position of No. 1 on MONARCH DRIVE.