15, ILEX CLOSE, SONNING COMMON, READING, RG4 9LG - £455,000

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 ILEX CLOSE is a small extended detached house of 96m², built sometime from 2007 onwards. It was last sold for £455,000 in February 2019, which was around 30% below the average February 2019 detached price in the South Oxfordshire local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

15 ILEX CLOSE Sold Prices

Land registry data shows two sales for 15 ILEX CLOSE 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 ILEX CLOSE 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
2019 20 FEB	£455,000	£646,955	30% below HPI
2006 31 OCT	£392,500	£427,741	8% below HPI

15 ILEX CLOSE 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 ILEX CLOSE sales from October 2006 and February 2019 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 October 2006 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2019 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 15 ILEX CLOSE?

15 ILEX CLOSE is 96m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 30% 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 ILEX CLOSE lies on this distribution: 25% of detached houses are smaller than 15 ILEX CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Sonning Common.

15 ILEX CLOSE: Plot and Title Map

15 ILEX CLOSE sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 15 ILEX CLOSE, 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 ILEX CLOSE). 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 ILEX CLOSE?

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