21, MONARCH DRIVE, SHINFIELD, READING, RG2 9EW - £675,000

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

21 MONARCH DRIVE is a midsized detached house of 139m², built sometime between 2007 and 2011. It was last sold for £675,000 in November 2022, which was around 7% below the average November 2022 detached price in the Wokingham local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

21 MONARCH DRIVE Sold Prices

Land registry data shows three sales for 21 MONARCH DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the three 21 MONARCH DRIVE 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 4 NOV	£675,000	£722,968	7% below HPI
2013 8 NOV	£412,500	£453,006	9% below HPI
2007 27 APR	£354,050	£401,938	12% below HPI

21 MONARCH DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wokingham local authority area over time, sourced from the HPI. The three 21 MONARCH DRIVE sales between April 2007 and November 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 November 2013 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the November 2022 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 21 MONARCH DRIVE?

21 MONARCH DRIVE is 139m² according to the EPC inspection conducted in May 2022. This puts it in the largest 40% of detached houses in Shinfield, based on EPC data. The below chart shows the distribution of detached houses by size in Shinfield, and where 21 MONARCH DRIVE lies on this distribution: 60% of detached houses are smaller than 21 MONARCH DRIVE, and 39% of houses are larger. Note that EPC data is not available for all properties in Shinfield.

21 MONARCH DRIVE: Plot and Title Map

21 MONARCH DRIVE sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 21 MONARCH DRIVE, 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 21 MONARCH DRIVE). 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 21 MONARCH DRIVE?

21 MONARCH DRIVE is located in SHINFIELD, in the RG2 postcode district. The below map shows the position of No. 21 on MONARCH DRIVE.