1A, RUSSET CLOSE, SONNING COMMON, READING, RG4 9LQ - £542,000

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

1A RUSSET CLOSE is a very small detached house of 80m², built sometime between 1983 and 1990. It was last sold for £542,000 in September 2012, which was around 12% above the average September 2012 detached price in the South Oxfordshire local authority area. The most recent EPC inspection was December 2011, where the current energy rating was C, and the potential energy rating was C.

1A RUSSET CLOSE Sold Prices

Land registry data shows three sales for 1A RUSSET CLOSE 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 1A RUSSET CLOSE sales were for above 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
2012 12 SEP	£542,000	£482,445	12% above HPI
2002 4 OCT	£350,000	£348,010	1% above HPI
1999 23 JUL	£250,000	£220,752	13% above HPI

1A RUSSET 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 three 1A RUSSET CLOSE sales between July 1999 and September 2012 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 2002 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the September 2012 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 1A RUSSET CLOSE?

1A RUSSET CLOSE is 80m² according to the EPC inspection conducted in December 2011. This puts it in the smallest 20% 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 1A RUSSET CLOSE lies on this distribution: 11% of detached houses are smaller than 1A RUSSET CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Sonning Common.

1A RUSSET CLOSE: Plot and Title Map

1A RUSSET CLOSE sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of 1A RUSSET 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 1A RUSSET 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 1A RUSSET CLOSE?

1A RUSSET CLOSE is located in SONNING COMMON, in the RG4 postcode district. The below map shows the position of No. 1A on RUSSET CLOSE.