13, ESSEX WAY, SONNING COMMON, READING, RG4 9RG - £415,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

13 ESSEX WAY is a very small detached house of 61m², built sometime between 1983 and 1990, which could now be worth an estimated £435,097. It was last sold for £415,000 in May 2022, which was around 45% below the average May 2022 detached price in the South Oxfordshire local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

13 ESSEX WAY Sold Prices

Land registry data shows three sales for 13 ESSEX WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Oxfordshire local authority area for the corresponding sale date. All of the three 13 ESSEX WAY sales 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
2022 23 MAY	£415,000	£750,940	45% below HPI
2020 26 JUN	£367,500	£661,185	44% below HPI
2008 5 SEP	£250,000	£447,960	44% below HPI

13 ESSEX WAY 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 three 13 ESSEX WAY sales between September 2008 and May 2022 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 June 2020 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the May 2022 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 13 ESSEX WAY be worth now?

13 ESSEX WAY might now be worth an estimated £435,097.

This is based on house price inflation of 4.8%, between May 2022 and December 2024, 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 4.8% inflationary increase is applied to the most recent sale price for 13 ESSEX WAY of £415,000 on 23rd May 2022. For the value to have increased from £415,000 to £435,097 over the one year and five months to December 2024, the following assumptions must hold true:

• The value of 13 ESSEX WAY has moved in line with the HPI for detached houses in the South Oxfordshire local authority area.
• The May 2022 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 13 ESSEX WAY has not materially changed since May 2022.

How Large is 13 ESSEX WAY?

13 ESSEX WAY is 61m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% of detached houses houses in Sonning Common, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sonning Common, and where 13 ESSEX WAY lies on this distribution: 3% of detached houses houses are smaller than 13 ESSEX WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Sonning Common.

13 ESSEX WAY: Plot and Title Map

13 ESSEX WAY sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 13 ESSEX WAY, 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 13 ESSEX WAY). 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 13 ESSEX WAY?

13 ESSEX WAY is located in SONNING COMMON, in the RG4 postcode district. The below map shows the position of No. 13 on ESSEX WAY.