15, ESSEX WAY, SONNING COMMON, READING, RG4 9RG - £395,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15 ESSEX WAY is a very small detached house of 56m², built sometime between 1983 and 1990. It was last sold for £395,000 in June 2024, which was around 50% below the average June 2024 detached price in the South Oxfordshire local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was B.

15 ESSEX WAY Sold Prices

Land registry data shows two sales for 15 ESSEX WAY 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. Both of the two 15 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
2024 27 JUN	£395,000	£794,639	50% below HPI
2013 15 FEB	£265,000	£504,496	47% below HPI

15 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 two 15 ESSEX WAY sales from February 2013 and June 2024 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 February 2013 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the June 2024 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 15 ESSEX WAY?

15 ESSEX WAY is 56m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 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 15 ESSEX WAY lies on this distribution: Less than 1% of detached houses are smaller than 15 ESSEX WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Sonning Common.

15 ESSEX WAY: Plot and Title Map

15 ESSEX WAY sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 15 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 15 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 15 ESSEX WAY?

15 ESSEX WAY is located in SONNING COMMON, in the RG4 postcode district. The below map shows the position of No. 15 on ESSEX WAY.