3, GROVE ROAD, SONNING COMMON, READING, RG4 9RH - £490,000

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

3 GROVE ROAD is a midsized extended detached house of 133m², built sometime between 1950 and 1966. It was last sold for £490,000 in June 2019, which was around 26% below the average June 2019 detached price in the South Oxfordshire local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was C.

3 GROVE ROAD Sold Prices

Land registry data shows two sales for 3 GROVE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Oxfordshire local authority area for the corresponding sale date. Both of the two 3 GROVE ROAD 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
2019 7 JUN	£490,000	£661,190	26% below HPI
2015 13 MAR	£460,000	£554,047	17% below HPI

3 GROVE ROAD 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 two 3 GROVE ROAD sales from March 2015 and June 2019 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 March 2015 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2019 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 3 GROVE ROAD?

3 GROVE ROAD is 133m², which includes one extension, according to the EPC inspection conducted in January 2018. 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 3 GROVE ROAD lies on this distribution: 54% of detached houses are smaller than 3 GROVE ROAD, and 46% of houses are larger. Note that EPC data is not available for all properties in Sonning Common.

3 GROVE ROAD: Plot and Title Map

3 GROVE ROAD sits on a plot of roughly 0.214 of an acre, or 866m². The below map shows the location of 3 GROVE ROAD, 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 3 GROVE ROAD). 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 3 GROVE ROAD?

3 GROVE ROAD is located in SONNING COMMON, in the RG4 postcode district. The below map shows the position of No. 3 on GROVE ROAD.