54, WOOD LANE, SONNING COMMON, READING, RG4 9SL - £490,000

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.

54 WOOD LANE is a very small detached house of 85m², built sometime between 1900 and 1929, which could now be worth an estimated £597,499. It was last sold for £490,000 in July 2019, which was around 24% below the average July 2019 detached price in the South Oxfordshire local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

54 WOOD LANE Sold Prices

Land registry data shows two sales for 54 WOOD LANE 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 54 WOOD LANE 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 3 JUL	£490,000	£647,182	24% below HPI
2001 20 JUL	£250,000	£279,788	11% below HPI

54 WOOD LANE 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 54 WOOD LANE sales from July 2001 and July 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 July 2001 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2019 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 54 WOOD LANE be worth now?

54 WOOD LANE might now be worth an estimated £597,499.

This is based on house price inflation of 21.9%, between July 2019 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 21.9% inflationary increase is applied to the most recent sale price for 54 WOOD LANE of £490,000 on 3rd July 2019. For the value to have increased from £490,000 to £597,499 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 54 WOOD LANE has moved in line with the HPI for detached houses in the South Oxfordshire local authority area.
• The July 2019 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of 54 WOOD LANE has not materially changed since July 2019.

How Large is 54 WOOD LANE?

54 WOOD LANE is 85m² according to the EPC inspection conducted in July 2016. 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 54 WOOD LANE lies on this distribution: 14% of detached houses houses are smaller than 54 WOOD LANE, and 85% of houses are larger. Note that EPC data is not available for all properties in Sonning Common.

54 WOOD LANE: Plot and Title Map

54 WOOD LANE sits on a plot of roughly 0.214 of an acre, or 866m². The below map shows the location of 54 WOOD LANE, 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 54 WOOD LANE). 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 54 WOOD LANE?

54 WOOD LANE is located in SONNING COMMON, in the RG4 postcode district. The below map shows the position of No. 54 on WOOD LANE.