15, READES LANE, SONNING COMMON, READING, RG4 9LL - £630,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

15 READES LANE is a midsized extended semi-detached house of 143m², built sometime between 1900 and 1929. It was last sold for £630,000 in August 2016, which was about the average August 2016 detached price in the South Oxfordshire local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was C.

15 READES LANE Sold Prices

Land registry data shows four sales for 15 READES LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Oxfordshire local authority area for the corresponding sale date. The four 15 READES LANE sales were a mix of roughly equal to the average price, above the average price, and 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
2016 1 AUG	£630,000	£630,576	Close to HPI
2009 27 NOV	£450,000	£427,813	5% above HPI
1998 16 OCT	£186,000	£197,977	6% below HPI
1998 28 APR	£107,000	£180,057	41% below HPI

15 READES LANE 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 four 15 READES LANE sales between April 1998 and August 2016 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 November 2009 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the August 2016 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 15 READES LANE?

15 READES LANE is 143m², which includes two extensions, according to the EPC inspection conducted in July 2009. 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 15 READES LANE lies on this distribution: 60% of detached houses are smaller than 15 READES LANE, and 40% of houses are larger. Note that EPC data is not available for all properties in Sonning Common.

15 READES LANE: Plot and Title Map

15 READES LANE sits on a plot of roughly 0.154 of an acre, or 622m². The below map shows the location of 15 READES LANE, 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 READES LANE). 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 READES LANE?

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