24, MONARCH DRIVE, SHINFIELD, READING, RG2 9EW - £500,000

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

24 MONARCH DRIVE is a very large detached house of 185m², built sometime between 2003 and 2006. It was last sold for £500,000 in September 2013, which was around 13% above the average September 2013 detached price in the Wokingham local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was B.

24 MONARCH DRIVE Sold Prices

Land registry data shows two sales for 24 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 24 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
2013 23 SEP	£500,000	£441,071	13% above HPI
2006 14 DEC	£497,500	£386,607	29% above HPI

24 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 24 MONARCH DRIVE sales from December 2006 and September 2013 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 December 2006 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the September 2013 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 24 MONARCH DRIVE?

24 MONARCH DRIVE is 185m² according to the EPC inspection conducted in February 2013. This puts it in the largest 20% of detached houses in Shinfield, based on EPC data. The below chart shows the distribution of detached houses by size in Shinfield, and where 24 MONARCH DRIVE lies on this distribution: 84% of detached houses are smaller than 24 MONARCH DRIVE, and 16% of houses are larger. Note that EPC data is not available for all properties in Shinfield.

24 MONARCH DRIVE: Plot and Title Map

24 MONARCH DRIVE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 24 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 24 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 24 MONARCH DRIVE?

24 MONARCH DRIVE is located in SHINFIELD, in the RG2 postcode district. The below map shows the position of No. 24 on MONARCH DRIVE.