5, ILEX CLOSE, SONNING COMMON, READING, RG4 9LG - £452,000

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.

5 ILEX CLOSE is a very small detached house of 80m², built sometime between 1967 and 1975, which could now be worth an estimated £553,158. It was last sold for £452,000 in February 2020, which was around 30% below the average February 2020 detached price in the South Oxfordshire local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

5 ILEX CLOSE Sold Prices

Land registry data shows four sales for 5 ILEX CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Oxfordshire local authority area for the corresponding sale date. All of the four 5 ILEX CLOSE 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
2020 17 FEB	£452,000	£644,848	30% below HPI
2014 16 DEC	£375,000	£528,524	29% below HPI
2003 25 JUL	£260,000	£351,468	26% below HPI
2001 31 MAY	£215,000	£266,906	19% below HPI

5 ILEX 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 four 5 ILEX CLOSE sales between May 2001 and February 2020 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 2014 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2020 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 5 ILEX CLOSE be worth now?

5 ILEX CLOSE might now be worth an estimated £553,158.

This is based on house price inflation of 22.4%, between February 2020 and February 2025, for detached houses, in the South Oxfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.4% inflationary increase is applied to the most recent sale price for 5 ILEX CLOSE of £452,000 on 17th February 2020. For the value to have increased from £452,000 to £553,158 over the five years to February 2025, the following assumptions must hold true:

• The value of 5 ILEX CLOSE has moved in line with the HPI for detached houses in the South Oxfordshire local authority area.
• The February 2020 sale price of £452,000 represented a fair market value for the property.
• The size, condition, and specification of 5 ILEX CLOSE has not materially changed since February 2020.

How Large is 5 ILEX CLOSE?

5 ILEX CLOSE is 80m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 20% of detached houses houses in Sonning Common, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sonning Common, and where 5 ILEX CLOSE lies on this distribution: 11% of detached houses houses are smaller than 5 ILEX CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Sonning Common.

5 ILEX CLOSE: Plot and Title Map

5 ILEX CLOSE sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 5 ILEX 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 5 ILEX 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 5 ILEX CLOSE?

5 ILEX CLOSE is located in SONNING COMMON, in the RG4 postcode district. The below map shows the position of No. 5 on ILEX CLOSE.