8, SOUTH DRIVE, SONNING, READING, RG4 6GB - £1,510,000

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.

8 SOUTH DRIVE is a large extended detached house of 309m², built sometime between 1950 and 1966, which could now be worth an estimated £1,573,448. It was last sold for £1,510,000 in November 2022, which was around 103% above the average November 2022 detached price in the Wokingham local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

8 SOUTH DRIVE Sold Prices

Land registry data shows three sales for 8 SOUTH DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the three 8 SOUTH 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
2022 11 NOV	£1,510,000	£745,434	103% above HPI
2015 8 APR	£960,000	£542,482	77% above HPI
1999 5 NOV	£375,000	£227,136	65% above HPI

8 SOUTH 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 three 8 SOUTH DRIVE sales between November 1999 and November 2022 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 April 2015 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the November 2022 sale, where it rises to 103% above the HPI. The line then continues to track at 103% above the HPI.

What might 8 SOUTH DRIVE be worth now?

8 SOUTH DRIVE might now be worth an estimated £1,573,448.

This is based on house price inflation of 4.2%, between November 2022 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 4.2% inflationary increase is applied to the most recent sale price for 8 SOUTH DRIVE of £1,510,000 on 11th November 2022. For the value to have increased from £1,510,000 to £1,573,448 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 8 SOUTH DRIVE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The November 2022 sale price of £1,510,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SOUTH DRIVE has not materially changed since November 2022.

How Large is 8 SOUTH DRIVE?

8 SOUTH DRIVE is 309m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 30% of detached houses houses in Sonning, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sonning, and where 8 SOUTH DRIVE lies on this distribution: 78% of detached houses houses are smaller than 8 SOUTH DRIVE, and 21% of houses are larger. Note that EPC data is not available for all properties in Sonning.

8 SOUTH DRIVE: Plot and Title Map

8 SOUTH DRIVE sits on a plot of roughly 0.526 of an acre, or 2,128m². The below map shows the location of 8 SOUTH 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 8 SOUTH 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 8 SOUTH DRIVE?

8 SOUTH DRIVE is located in SONNING, in the RG4 postcode district. The below map shows the position of No. 8 on SOUTH DRIVE.