22, MONARCH DRIVE, SHINFIELD, READING, RG2 9EW - £589,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

22 MONARCH DRIVE is a very large detached house of 215m², built sometime between 2003 and 2006, which could now be worth an estimated £864,791. It was last sold for £589,000 in December 2014, which was around 11% above the average December 2014 detached price in the Wokingham local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

22 MONARCH DRIVE Sold Prices

Land registry data shows two sales for 22 MONARCH DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. Both of the two 22 MONARCH DRIVE 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
2014 19 DEC	£589,000	£529,040	11% above HPI
2006 30 JUN	£494,000	£376,771	31% above HPI

22 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 two 22 MONARCH DRIVE sales from June 2006 and December 2014 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 June 2006 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the December 2014 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 22 MONARCH DRIVE be worth now?

22 MONARCH DRIVE might now be worth an estimated £864,791.

This is based on house price inflation of 46.8%, between December 2014 and February 2025, for detached houses, in the Wokingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 46.8% inflationary increase is applied to the most recent sale price for 22 MONARCH DRIVE of £589,000 on 19th December 2014. For the value to have increased from £589,000 to £864,791 over the eleven years and ten months to February 2025, the following assumptions must hold true:

• The value of 22 MONARCH DRIVE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The December 2014 sale price of £589,000 represented a fair market value for the property.
• The size, condition, and specification of 22 MONARCH DRIVE has not materially changed since December 2014.

How Large is 22 MONARCH DRIVE?

22 MONARCH DRIVE is 215m² according to the EPC inspection conducted in September 2014. This puts it in the largest 10% of detached houses houses in Shinfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shinfield, and where 22 MONARCH DRIVE lies on this distribution: 93% of detached houses houses are smaller than 22 MONARCH DRIVE, and 7% of houses are larger. Note that EPC data is not available for all properties in Shinfield.

22 MONARCH DRIVE: Plot and Title Map

22 MONARCH DRIVE sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 22 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 22 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 22 MONARCH DRIVE?

22 MONARCH DRIVE is located in SHINFIELD, in the RG2 postcode district. The below map shows the position of No. 22 on MONARCH DRIVE.