GRANGE LODGE, GRANGE CLOSE, GORING, READING, RG8 9DY - £565,000

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.

GRANGE LODGE is a very small detached house of 81m², built sometime between 1900 and 1929, which could now be worth an estimated £702,542. It was last sold for £565,000 in January 2017, which was around 11% below the average January 2017 detached price in the South Oxfordshire local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

GRANGE LODGE Sold Prices

Land registry data shows three sales for GRANGE LODGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Oxfordshire local authority area for the corresponding sale date. One of the three GRANGE LODGE sales was for below the average price, whilst two 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
2017 27 JAN	£565,000	£634,664	11% below HPI
1999 31 AUG	£220,000	£212,587	3% above HPI
1996 13 MAR	£150,000	£135,661	11% above HPI

GRANGE LODGE 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 three GRANGE LODGE sales between March 1996 and January 2017 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 August 1999 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the January 2017 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might GRANGE LODGE be worth now?

GRANGE LODGE might now be worth an estimated £702,542.

This is based on house price inflation of 24.3%, between January 2017 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 24.3% inflationary increase is applied to the most recent sale price for GRANGE LODGE of £565,000 on 27th January 2017. For the value to have increased from £565,000 to £702,542 over the seven years and eleven months to February 2025, the following assumptions must hold true:

• The value of GRANGE LODGE has moved in line with the HPI for detached houses in the South Oxfordshire local authority area.
• The January 2017 sale price of £565,000 represented a fair market value for the property.
• The size, condition, and specification of GRANGE LODGE has not materially changed since January 2017.

How Large is GRANGE LODGE?

GRANGE LODGE is 81m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 10% of detached houses houses in Goring, based on EPC data. The below chart shows the distribution of detached houses houses by size in Goring, and where GRANGE LODGE lies on this distribution: 4% of detached houses houses are smaller than GRANGE LODGE, and 95% of houses are larger. Note that EPC data is not available for all properties in Goring.

GRANGE LODGE: Plot and Title Map

GRANGE LODGE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of GRANGE LODGE, 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 GRANGE LODGE). 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 GRANGE LODGE?

GRANGE LODGE is located on GRANGE CLOSE in GORING, in the RG8 postcode district. The below map shows the position of GRANGE LODGE on GRANGE CLOSE.