CRANBOURNE, SHINFIELD ROAD, SHINFIELD, READING, RG2 9BE - £480,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

CRANBOURNE is a very large extended detached house of 210m², built sometime between 1930 and 1949. It was last sold for £480,000 in March 2015, which was around 8% below the average March 2015 detached price in the Wokingham local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was C.

CRANBOURNE Sold Prices

Land registry data shows three sales for CRANBOURNE 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. Two of the three CRANBOURNE sales were for below the average price, whilst one was 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
2015 9 MAR	£480,000	£520,660	8% below HPI
2012 6 DEC	£430,000	£422,081	2% above HPI
2002 23 JUL	£234,005	£307,812	24% below HPI

CRANBOURNE 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 CRANBOURNE sales between July 2002 and March 2015 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 2012 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the March 2015 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is CRANBOURNE?

CRANBOURNE is 210m², which includes two extensions, according to the EPC inspection conducted in August 2012. This puts it in the largest 10% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where CRANBOURNE lies on this distribution: 94% of detached houses are smaller than CRANBOURNE, and 5% of houses are larger. Note that EPC data is not available for all properties in Reading.

CRANBOURNE: Plot and Title Map

CRANBOURNE sits on a plot of roughly 0.134 of an acre, or 541m². The below map shows the location of CRANBOURNE, 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 CRANBOURNE). 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 CRANBOURNE?

CRANBOURNE is located on SHINFIELD ROAD in SHINFIELD, in the RG2 postcode district. The below map shows the position of CRANBOURNE on SHINFIELD ROAD.